; (2) outstanding student loan balances have more than doubled in the last decade to nearly $1,600,000,000,000; and (3) the share of debt newly transitioning into delinquency increased for nearly all debt types, following 2 years of historically low delinquency transitions; Whereas, according to the 2022 report entitled Survey of the States: Economic and Personal Finance Education in Our Nation’s Schools by the Council for Economic Education— (1) only 25 States require students to take an economics course as a high school graduation requirement; and (2) only 23 States require students to take a personal finance course as a high school graduation requirement, either independently or as part of an economics course; Whereas expanding access to the safe, mainstream financial system will provide individuals with less expensive and more secure options for managing finances and building wealth; Whereas quality personal financial education is essential to ensure that individuals are prepared— (1) to make sound money management decisions about credit, debt, insurance, financial transactions, and planning for the future; and (2) to become responsible workers, heads of household, investors, entrepreneurs, business leaders, and citizens; Whereas financial education in schools in the United States is critical to a long-term financial inclusion strategy to reach students who are not able to get sufficient personal finance guidance at home; Whereas, according to the 2021 report entitled Game Changer: The Evaluation of the Jump$tart Financial Foundations for Educators Professional Development Program by the Financial Literacy Group, teacher training regarding financial education improves student outcomes significantly, especially among historically underserved students; Whereas increased financial literacy— (1) empowers individuals to make wise financial decisions; and (2) reduces the confusion caused by an increasingly complex economy