Writing in the Daily Beast, college sophomore Zac Bissonnette claims, ''The failure of the schools to teach kids about money has done more to perpetuate the status quo than any lobbyist in Washington could ever dream of.'' Uh-oh. He thinks that High Schools should offer, ''home economics class with a focus on finance and budgeting''. What could such a class teach? ''Resisting temptation would be a good start. From the time they turn eighteen, students are bombarded with credit card offers.'' He also suggests that the class teach how to save for the future and the basics of home ownership.
He makes the point, repeatedly, that high schools offer what he sees as less valuable classes, such as Latin, instead of teaching ''practical life skills''. Good point. Maybe when we're done the state can take up all the responsibilities of parenting. A culture of big babies can't be expected to teach their children mysterious and esoteric skills like not being idiots with their money. Oh, why doesn't somebody (else) do something?!
You know, honestly, I'm starting to think that this recession is the best thing that could have happened at this point.