Personal Finance Argumentative Essay

691 Words2 Pages

Most people are not exactly fluent in the language of money. While most courses involving personal finance cannot terminate all of the problems that come with money, it is clear that most people still need help learning how to manage money, especially when they are in high school. The dispute on whether or not high school students should be required to take personal finance classes is a complex one. “Should All High Schoolers Take Courses in Personal Finance?”, is a very detailed article that goes into depth explaining the pros and cons of the argument at hand. After evaluating both sides of the argument, it is evident that making all high schoolers take courses in personal finance has more benefits than it does drawbacks. Opponents of requiring …show more content…

One crucial reason that it is vital for high school students to take personal finance classes is that it would make debt rates plunge significantly. The author of the pros, Alexander Ashe, points this out by saying, “Data recently released by the Investor Education Foundation show high school students who passed mandatory personal finance courses have better-than-average credit scores and lower debt delinquency rates as young adults” (Ashe 2). The Investor Education Foundation empowers people throughout America with the knowledge, skills, and tools to make sound financial decisions in the course of someone’s lifetime. Their data clearly shows that students who take part in personal finance courses have little to no debt. The reason that young people are overwhelmed by poverty, is because they are not aware how to manage what little money they have. People that do not know how to pay the bills and finance their money correctly are more likely to struggle with money related things. If personal finance classes became a requirement, more young adults would know how to correctly manage their money, and the amount of debt people are in would decrease significantly. Another major pro for making personal finance courses mandatory for high school students is that the amount of loans that are

Open Document