News for hackers. Stuff that matters.

A comment on The Lasting Consequences of Student Debt. Parent comment

Re:The Lasting Consequences of Student Debt by TheAdamAndChe on Tuesday April 04, 2017 @10:52AM (#14033224)
I agree 100%. Out of my 4 years of high school, which included several AP classes, the best class I ever took was personal finance. It taught me how to manage money, calculate the cost of retirement, and think about what money is in the first place. Without the class, I would have severely suffered once I got on my own. The year after I graduated, the school removed the class because they felt it was irrelevant.

The cynical side of me tells me the system is made this way so the rich stay rich. Seeing the direction this country is going in isn't doing anything to change that idea for me.

[ Parent | on HN ]
Re:The Lasting Consequences of Student Debt by r_smart on Tuesday April 04, 2017 @11:59AM (#14034069)
I really doubt there's some cabal of rich people that don't want others to understand interest. If anything, it would be to their advantage to have more potential business partners floating around out there.

I think the reality is more likely that people working in schools are public employees, they tend to be apathetic or hostile towards capitalism, and not terribly interested in boring business stuff. These are the people who set the curriculum.

[ Parent | on HN ]
Re:The Lasting Consequences of Student Debt by TheAdamAndChe on Tuesday April 04, 2017 @12:26PM (#14034428)
Public employees in most other developed countries seem to do a pretty good job, though. Why do you think they succeed where America fails?
[ Parent | on HN ]
Re:The Lasting Consequences of Student Debt by RugnirViking on Thursday April 06, 2017 @12:06PM (#14051822)
Major citation needed on that one i'm afraid. Pretty much worldwide, the public sector and government are regarded by many as slow, excessively bureaucratic and failing the youth.
[ Parent | on HN ]
Re:The Lasting Consequences of Student Debt by r_smart on Tuesday April 04, 2017 @01:03PM (#14034891)
You think they're doing a good job of educating the public school students, particularly in terms of money? I don't think I've got the information to agree or disagree with that. I'm inclined to say they're not succeeding where the US fails, but, again, not really qualified to say.
[ Parent | on HN ]