[quote=briansd1][quote=eavesdropper]
[quote=sdduuuude] And please, for god’s sake, make your little engineers take economics.[/quote]
You’re a god, sdduuuude!! I agree wholeheartedly! In fact, it should be a requirement of both engineering and science curricula, IMHO.[/quote]
That should start in middle school, IMO. There should be mandatory classes on consumer finance so kids understand the credit cards they get when they turn 18.[/quote]
Totally agree with you on your suggestion, Brian. As a parent, you’d have to make sure that the schools weren’t actually bringing in “volunteers” from the credit card companies to teach it, though.
I actually like the idea of assigning a year-long mandatory class in Personal Finance and Investing early in high school. I think if it was structured in the right way, it would be of enormous value to the students in planning out how to pay for college. It should be presented in a videogame format, in which each student is assigned an individual life scenario, with challenges around which they have to manage their finances (i.e., divorced 3 times with alimony payments and child support; catastrophic illness at age 34; a shop-and-hoard addiction; natural disaster scenario with no homeowners’ insurance).
It not only would result in students learning basic money management skills, but it would also contribute toward the development of much-needed critical thinking skills.
