1. Short title This Act may be cited as the Young Americans Financial Literacy Act . 2. Findings The Congress finds as follows: (1) That 88 percent of Americans believe finance education should be taught in schools and 92 percent of K–12 teachers believe that financial education should be taught in school, but only 12 percent of teachers actually teach the subject. (2) According to a 2020 survey, less than half of States require high school students to take a course on personal finance, and less than 17 percent of high schoolers were required to take a one semester personal finance course. (3) For the fourth year in a row, more than one-third of surveyed consumers gave themselves a B when grading their own level of basic financial literacy. Less than one-fifth of Americans gave themselves an A . Most adults feel that their financial literacy skills are inadequate, yet they do not rely on anyone else to handle their finances; they feel it is important to know more but have received no financial education. (4) The sudden disruptions caused by the spread of COVID–19 are presenting economic challenges with growing consequences. While some factors affecting financial well-being are beyond individual control, financial literacy can help people better manage their finances through times of hardship. (5) It is necessary to respond immediately to the pressing needs of individuals faced with the loss of their financial stability