Why Financial Literacy Should Be Required in High School
High school students graduate knowing how to solve equations, analyze poems, and memorize historical dates, but many do not understand credit cards, taxes, loans, budgeting, insurance, or interest. This is strange because financial decisions begin almost immediately after graduation. Students may choose colleges, sign loan documents, open bank accounts, rent apartments, or start jobs before they fully understand the financial systems around them. Financial literacy should be required in high school because money mistakes can follow people for years. A student who does not understand compound interest may underestimate debt.…
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