Another point is I don't want the schools to educate my kids about money, that's my job. It takes enough of my time to deprogram them from the few non academic things the schools do engage in (politics, religion, etc.). I just don't need more to deal with, I can see the word problems now…."Jose is an undoccumented ctizen and he exercised his right as a non citizen to take an interest only neg am loan for 700k based on his stated income from picking avacados for a house he shares with 37 people, how much should the government subsidize to renegotiate his loan?"
Can I just have "four times seven" or something involving jack having seven apples and wanting to give jill some apples, raising children is hard enough without the schools "helping."
Will "the people for a perfect world" stop wringing their hands for a few minutes and stop trying to help, please.
LOL. TG's post is an excellent example of why most public schools don't teach this. While some of us think financial education in public school would be a good thing…Some parents don't want this to be taught in school, because they feel finance/money isn't just about math. It has a "family values" aspect to it.(just like religion/politics/etc).
Schools can teach the technical mechanisms but can't teach the "value" aspect of it, because that part is subjective, unless your school has a more specific charter. I respect that, and probably from an educator's perspective, that's the sort of the reason why these curriculums don't exist.
Personally, I wouldn't want my kid have to go through countless brainwashing on religion in school. So I can understand this. While I feel some folks would benefit from formal financial education in school, it's difficult to do in a consistent way that would get all parents to agree on what is acceptable without getting to touchy/feely about things.
TG brings up good points: why should you care if someone else goes broke or goes knee deep in debt? Perhaps it's not important in one family when it is in another (though I just wish the gov wouldn't be trying to bailout those that do now that they are). This reminds me of an article I read about a teacher that one time told a student "If you don't take your academics seriously, you're going to end up being a trash collector". The kid replied "what's wrong with be a trash collector, it's an honest living and beat being a dope dealer?" Ah, kids these days. They're much smarter than you and I think.