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[quote=Anonymous][quote=Anonymous]I'm the poster who posted the Brookings link but haven't posted since.

Why can't we implement a required high school course (or maybe even late middle school) in high poverty areas that goes something like this:

Have you spent your whole life on public assistance? Do you think it totally sucks and don't want to spend the rest of your life that way? Great! Here's how you do it! Oh and by the way, here's how bank accounts work and credit card payments/fees/interest. Here's how you buy an affordable used car. Here is how you rent an affordable apartment on your own. But most importantly, finish school, do NOT do drugs and DO NOT DO NOT DO NOT get pregnant (or get anyone pregnant.) And I honestly think that very last part is the crux of the whole issue.[/quote]

My brother teaches in a vo-tech school in a poor area and he actually takes time to do this.  Well, he teaches basic finance, about credit (teaches them along Dave Ramsey-style lines), basic life skills, etc.  Way too many come in thinking your net worth is how much you can borrow.  One of the reasons that I adore my brother.  It isn't the "official" curriculum but he figures it will do them more good than anything else he can teach them.[/quote]

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