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Russian schools embrace financial literacy as demand from parents soars

From first-graders to teens, students are learning to manage money—because parents and educators say it's as vital as math or reading. Could this reshape Russia's future?

The image shows a poster with a book and text that reads "Starting Next Month, If You Are Enrolled...
The image shows a poster with a book and text that reads "Starting Next Month, If You Are Enrolled in Save Student Loan Repayment Plan - Your Student Debt Will Be Cancelled".

Krasnodar, April 25 – Yug Times

Russian schools embrace financial literacy as demand from parents soars

A monitoring study by Russia's Ministry of Education has revealed strong demand for financial literacy courses in the country's schools, Education Minister Sergei Kravtsov announced, according to the Russian government.

"Parents are showing great interest in financial literacy classes for their children, and public opinion surveys indicate strong support for integrating specialized courses into the school curriculum," he noted.

Kravtsov emphasized that financial literacy is now a critical skill, helping individuals make confident decisions, plan for the future, and protect themselves from risks.

Currently, such classes are offered in over 7,500 schools for elementary students, in 10,000 institutions for grades 5–9, and in 6,000 educational organizations for high schoolers.

The courses focus on teaching practical money management skills, covering topics like family budgeting, responsible use of financial services, and fraud prevention.

Students attend one hour of financial literacy instruction per week. The total course load is 68 hours for elementary school, 136 hours for middle school, and 68 hours for high school, as reported by the portal Obyasnyayem.ru.

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