Mmastodon BusinessFinance first seen 16 h ago, last 2 min ago, peak #1

Schools taught photosynthesis but not how loans work

Original: 12 years of school. You learned: → Photosynthesis → Pythagoras → The water cycle → How to dissect a frog You were not ta

A widely shared commentary argues that 12 years of schooling cover photosynthesis, Pythagoras, the water cycle and frog dissection, yet never teach what happens when a bank approves a loan or what signing one really means. Critics say financial literacy, especially around debt and contracts, is missing from school curricula and leaves young adults unprepared for borrowing decisions.

Why now: Personal finance gaps in school education are a recurring frustration, especially with household debt and loan costs in the spotlight.

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Rank over time, top of the chart is #1. 16 snapshots from 16 h ago to 2 min ago.

Evidence

• 12 years of school. You learned: → Photosynthesis → Pythagoras → The water cycle → How to dissect a frog You were not taught: → What happens when a bank approves your loan? Then you signed one. RM144 Read it yourself:… · 6CircleSociety · 3

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