5/18/21-Financial literacy should be a high school requirement (Letter to the Editor)
- May 18 2021
- By: info@njcfe.org
- 0 Comment
Financial literacy should be a high school requirement (Letter to the Editor)
May 10, 2021 | sentinelcolorado.com
Editor: My generation has not been taught the basics of financial literacy. I never learned how to apply for a credit card without getting scammed, as a result, I’ve never gotten one. My fears aren’t unfounded, many companies prey on ignorance with complicated contracts that make it difficult to spot terrible interest rates and fees. In fact, 21% of credit card consumers don’t even know if they have debt. This is not a frivolous concern; my partner and I always pay our rent on time, but mortgage companies see us as unreliable due to our lack of credit history.
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