Young Investor Financial Education Act
Last action on Sep 26, 2008Referred to the House Committee on Education and Labor.
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Summary
Young Investor Financial Education Act - Directs the Secretary of Education to award grants to states and, through them, subgrants to local educational agencies to establish financial education programs in high schools and train teachers in such course work.
Allots funds to states based on their share of the country's 14 through 17 year olds, but requires each state grantee to receive at least one-half of 1% of the allotted funds.
Directs the Secretary to create and maintain a central clearinghouse of information on high school financial education programs.
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