ASCL comment on Education Committee’s report on financial education

Pepe Di’Iasio, General Secretary of the Association of School and College Leaders, responds to a report from the Education Select Committee, which calls on the Government to bolster financial education.
“There is a good case for boosting financial education in schools, but this does need to be part of an overall review of the curriculum to get the right balance of priorities given that there are only so many hours in a day. We’re sure that schools would be keen to appoint financial education coordinators but unfortunately there isn’t enough money for their existing staffing who are already at full stretch all the time. The government’s own grounding in financial education is clearly lacking as it does not understand the necessity of providing sufficient funding to run the education system.”