Pros And Cons Of Why High School Students Should Take Finance Classes

“PRO/CON: Should all high schoolers take courses in personal finance?” is a article about why and why not high school students should take personal finance classes. Some say that it would be better for the kids to take them, and others say that it would be worse for them to take the classes. After analyzing the pros and cons, it is obvious that having students take personal finance courses has more benefits than drawbacks. Opponents of making students take personal finance classes argue that they only need the basics in high school; However, it would be better for the students because they would be taught how to become financially stable and how to save enough money to pay bills and other things. One reason why students should have to take finance classes is that it would teach them how to be financially
J. Morrison ,President and CEO of the council for economic education gave his account on the argument, “they do need to know how to open a bank account, how much they need to save each month to reach their goals and, if they borrow this amount of money, how much they need to earn to pay it back” (Ashe 2). Here, Morrison says that all young adults need to know how to manage their money so they will not get into debt. If all high school students take personal finance classes they would learn how to save their money, not get into debt, and would live financially stable life. Another reason young adults should take the classes is, so many students that do not take these type of classes have a lot of debt of live in poverty. The article states, “Hemmed in ny poverty, recent graduates in these communities find themself struggling to pay bill and manage what little money they have” (Ashe 2). Knowing that the graduates that did not take personal finance classes become poor and struggle with bills, it is