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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>72934</law_id><section_number>23.1-901</section_number><catch_line>Programs on economics education and financial literacy</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>23.1-1006</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="23.1">Institutions of Higher Education; Other Educational and Cultural Institutions</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Students and Campus</unit><unit label="chapter" level="3" order_by="1" identifier="9">Academic Policies</unit><unit label="article" level="4" order_by="1" identifier="2">Programs of Instruction</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Public institutions of higher education shall promote the development of student life skills by including the principles of economics education and financial literacy within an existing general education course, the freshman orientation process, or another appropriate <span class="dictionary">venue</span>. Such principles may include instruction concerning personal finance such as credit card use, opening and managing an account in a financial institution, completing a loan application, managing student loans, savings and investments, consumer rights and responsibilities, predatory lending practices and interest rates, consumer <span class="dictionary">fraud</span>, identity theft and protection, and debt management. <a id="paragraph-262723" class="section-permalink" href="https://vacode.org/23.1-901/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The <span class="dictionary">Council</span> shall encourage private institutions of higher education to include such principles as part of their student orientation programs. <a id="paragraph-262724" class="section-permalink" href="https://vacode.org/23.1-901/#B"><i class="fa fa-link"/></a></p></section></text><history>2005, c. 741, &#xA7; 23-9.2:3.5; 2007, c. 47; 2016, c. 588.</history><metadata></metadata></law>
