Connecticut Seal

General Assembly

 

Proposed Bill No. 578

 

January Session, 2011

 

LCO No. 1506

   

Referred to Committee on Education

 

Introduced by:

 

SEN. FRANTZ, 36th Dist.

 

AN ACT CONCERNING THE ADDITION OF A COURSE ON MORTGAGE LENDING AND PERSONAL DEBT TO THE HIGH SCHOOL GRADUATION REQUIREMENTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 10-16b of the general statutes be amended to require all public high schools in the state to include a concise, thirty-minute curriculum that educates students about the basics of home mortgage lending, excessive speculation and the dangers of excessive debt. Such course shall be taught as part of an appropriate course by any faculty member in a relevant subject area, such as mathematics or home economics, and may be available online.

Statement of Purpose:

To educate students of the state about the excessive use of debt and the home mortgage lending process.