Americans now owe $1.13 trillion in credit card debt

  • agent_flounder@lemmy.world
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    9 months ago

    Have you looked at math education in the US in the last 15 years? Because it is a lot better than the bullshit they did when I was a kid.

    Now kids get an actual understanding and hence intuition about all of it instead of the 1970s approach: “this is the rule, you don’t have to understand it; now, shut up and do it!”

    Also, they teach kids about useful shit now like media literacy. In elementary and middle school. And they teach them a bit about economics, jobs, salaries, and budgets.

    My kid is a freshman in HS now so I can’t speak to whether they teach about personal finance type stuff but I would be surprised if they don’t given the track record so far.