Seven Reasons Why a Personal Finance Course in NC Is a BAD Idea Other Than Lt. Gov. Dan Forest’s Electioneering Purposes

Yesterday, the NC Senate passed HB 924 by an overwhelming majority. Lt. Gov. Dan Forest in one of his rare statements about actual public education other than bathrooms and his love for charter schools tweeted the following:


While this “bill” might seem like a winner on the surface, there are many reasons for the NCGA House chamber to consider not passing it.

1. It is not a standalone bill. In fact it is part of another larger issue that Forest and others have hijacked in order to make it pass.

HB 924 is really a bill about teacher contracts.


Teachers hired now (and in the recent past) are not able to get career status –  a move by the NCGA when Berger came to power with a puppet governor. With the teacher shortage that NC is experiencing and the backlash to “reforms,” having a bill allowing for extended contracts for teachers seems to be a win for many public school advocates.

And that’s exactly why the personal finance bill was put into the bill – unless Forest wants to convince us that teacher contracts and a personal finance class requirement for students are genetically linked.

And Forest would also need to explain why HB 924 is needed in the first place. See Point #2.

2. HB 924 is a redundant bill. Why?  MULTI-YEAR CONTRACTS ALREADY EXIST.

Makes one think of North Carolina’s state motto: “To be, rather than to seem.”

3. Students already encounter curriculum concerning personal finance. It’s part of the required course called Civics & Economics. Below is a screenshot of the standards for that course.


4. Students can actually take an extended personal finance class through the school’s CTE department. CTE stands for Career and Technical Education and it is a vital part of the high school academic setting. Below is a snapshot of the NC CTE Essential Standards Guide:


Finance is the sixth one down on that cluster list.

5. A Personal Finance course would take away a US History requirement for most students. As it stands, most every student has to take two courses in American History.


This new course would take away one of those American History courses which is odd because we are literally adding content to that EVERY DAY and replacing it with a course that covers material already in the high school curriculum.

6. It won’t cover some of the glaring aspects of the personal finance challenges that many students will encounter.

  • Systemic Poverty.
  • Over 20% of the students in NC public schools are at or below poverty levels.
  • Student Loan Debt.
  • Racial disparities in economics.
  • Refusal to expand Medicaid when it costs NC next to nothing.
  • Why so many tax breaks are given to corporations that affects social services funding.

7. Lt. Gov. Dan Forest already has shown his view of students and financing. Consider this quote:

“If our action in keeping men out of women’s bathrooms and showers protected the life of just one child or one woman from being molested or assaulted, then it was worth it. North Carolina will never put a price tag on the value of our children. They are precious and priceless.” – Dan Forest, April, 2016 concerning HB2, the “Bathroom Bill”

The amount of money that bill cost NC in revenue because of the national backlash was tremendous. All for a nonexistent issue.

Please contact your representatives. HB 924 should not be passed.