The application of the K to 12 curriculum in the Philippines caused a number of concerns among the different sectors of the society. Despite countless protests and other acts of disapproval, the Department of Education (DepEd) continues to look for means in improving the country’s education system.
In accordance with the National Strategy for Financial Inclusion (NSFI), the Education Department will implement financial education courses for senior high school students. NSFI is an initiative by a group of agencies that aims to deliver financial services at affordable costs.
DepEd believes that introducing financial literacy to young Filipino students will equip them with the right knowledge which they can use by the time they graduate. To support the program, DEpEd will conduct trainings for teachers and develop financial literacy modules for students.
The financial education program will be taught in related K to 12 subjects such as Technology and Livelihood Education (TLE). The financial literacy framework issued by the Organization for Economic Co-operation and Development (OECD) Program for International Student Assessment (PISA) will serve as the program’s basis.
Ms. Dina Ocampo, DepEd Usec for Curriculum and Instruction, stated that the program is very timely and relevant. She stressed that it would benefit future high school graduates who would prefer to start their own businesses or apply for a job right after graduation.
