Connecticut is one of 11 states to receive an F grade on its efforts to produce financially literate high school graduates, according to an analysis by Champlain College’s Center for Financial Literacy.

The 2017 National Report Card on States’ Efforts to Improve Financial Literacy in High Schools attempted to measure how well high schools are providing personal finance education. The report only gave five states an A grade, while 27 states received grades C, D or F.

One reason cited for Connecticut’s failing grade is because the curriculum does not require high school students to take a personal finance course in order to graduate; it also does not required schools to offered financial education.

According to a report by JumpStart, while 90 percent of Connecticut high schools offer personal finance, only 7 percent of schools require students to take the course in order to graduate.

Although a failing grade, the report card did point out several steps Connecticut has taken to improve financial literacy. Beginning in 2021, personal finance can be taken as an elective and counted toward the career and life skills elective requirement.

And in 2015 the state implemented a law that requires the State Board of Education to make available a financial literacy curriculum, other materials and assistance to local and regional school districts.

The Connecticut Department of Education has developed financial literacy education frameworks to assist educators in developing business and finance technology courses that include personal finance. Additionally, the state developed a “cross walk” that shows how personal finance concepts can be used to teach to the common core math standards.

The other states to receive failing grades were Massachusetts, Rhode Island, Washington D.C., Wisconsin, South Dakota, California, Hawaii and Alaska.