Indiana students may need to learn how to open bank accounts, take out loans in order to graduate

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6 thoughts on “Indiana students may need to learn how to open bank accounts, take out loans in order to graduate

  1. This is a great start. When I was in public school in Indiana, we also learned the effects of debt and investing compounding, getting a car loan, student loan, mortgage, and investing in the stock market. The class was called Economics. Maybe it’s time to explore the concept again.

  2. No matter how good an idea is, there is a limited number of hours and classes in a school day. If something is added and mandated, then something else has to drop.

  3. Financial literacy should move forward. Brad J. is correct in the fact that over the years more and more has been placed on the schools to teach children, and that much of that is basic life skills, and common- sense practical solutions that used to be taught at home. But the problem is that nowadays it is Not being taught at home and so many kids come from broken homes and dysfunctional families. It is very sad, but is the current reality. So what is the right thing to do? Maybe schools should focus more on life skills, problem solving, critical thinking, and courses designed to help students become successful, and cease from the politically correct propaganda like CRT, diversity, inclusion, gender identity, etc. There is a lot at stake here. As a parent, grandparent, former teacher, and school board member I fully endorse teaching financial literacy in the curriculum. A lot of the things in the modern curriculum have hurt more than helped kids. What is the proof? One could easily make a case just by looking at past graduation requirements from 50-100 years ago, and see how well prepared for the workforce the vast majority of students in that era were compared to today. The single biggest mistake we have made in public education over the decades was instilling in people the idea that college is for everyone, and that simply is not true.

  4. The old-school way millennial parents were taught involved putting one on top of the other and carrying, if necessary. Now, students are encouraged to rethink how they arrange the numbers. Moldavan gives the example of 41 + 29. You could rewrite 29 as 30, which is a rounder, “friendly number.” Then, you turn 41 into 40 (also “friendly”). You’ve subtracted 1 from 41, and added 1 to 29, so that cancels out. And now you have your product: 70. (From Parents Magazine 12-3-22)

    Old school math is less subjective then this mumbo jumbo math. Why would you add subtraction to an addition problem.
    with 41 + 29 it is simple. Lets put an estimate together for a proposal that has 1900 lines and is $ 32 million dollars in value. Let me know how that works out in the real world.

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