News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Yes, just like how we all learned about how important it is to pay off credit card debt and the benefits of long term investing while in school (aka compound interest...in math class). Yet far too many people act like this is something that needs to be added to the curriculum when it's already there.
FWIW, I don't think we all learned that, they literally never taught that in my school. Like, they literally never explicitly mentioned "credit card debt" or "long-term investments" or any investments really in my classes, and I think they should have.
Of course it's gonna be different from school to school, state to state, and country to country.
I was in high school in the mid 90s, and the primary focus of our economics class was balancing checkbooks type stuff. Definitely not loans, predatory interest rates, revolving credit, or anything else that would be remotely useful in today's economy.
Once isn't enough for retention for everyone. I think I remember that stuff because my parents discussed it when I asked. However I don't know who discussed what in other homes. I think more exposure to real world applications of critical thinking and accounting will only help.
I strongly suspect there were both word problems used in your math classes and that compound interest was in the curriculum. But maybe there is somewhere there actually isn't. Generally, the curriculum documents are all publicly available online too so feel free to take a look. Although finding the curriculum from 10+ years ago can be hard if there have been changes.
Had you really never seen something like 'Joe currently owes $300 on his credit card with an annual interest rate of 22%. How much will he owe 2 years from now if he makes no payments and no new purchases'?
All you need is the compound interest formula. It could be about investments or a ball accelerating due to gravity and it's still just that same formula with different numbers plugged in.
Sir, this is a public school
Honestly, no, I hadn't seen anything like that in any of my classes, but the thing is even if I did it's not worth anything just having those words and not actually teaching it and relating it to the real world and showing how it will affect us as adults when we are older. I 1000% didn't have any teachers actively teaching specifically that using real-world things like credit cards that would matter to us students. For the most part I didn't really have teachers actively teaching things like that, it almost felt more like they were going through the motions, I dunno maybe I just got unlucky.
K yeah, that sounds shitty and I'm sorry you had to deal with it. The fact that some of us, myself included, got quite lucky with good teachers who knew how to teach the content probably does make all the difference.