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by chasd00 127 days ago
As a parent of a 16 and almost 14 year old i'm effectively home schooling personal finance with them. My wife and I got none from our parents and were preyed upon constantly. I think I was 45 when i finally got my student loans paid off. My wife did many years in a dangerous, low-performing, HS as a teacher to get hers forgiven. Sending an 18 year old off to college without a solid understanding of finance is like throwing an 18 year old in the ocean while bleeding profusely and tasking them with swimming to shore, maybe a couple make it but the sharks will get the rest.
1 comments

It's a crying shame that public high schools do not teach basic finance, basic accounting, and how a business works.

In other words, they don't teach anything about how our economy works.

they do. maybe not where you live but they do. my kid has had personal finance classes since 4th grade
I attended 4 different public schools growing up, and none of them did. I see that some today do.

But I still see college graduates ranting on X who clearly do not understand compound interest on their student loans.