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great idea!

I was so excited when I saw this on the news last night, I just had to share.
I find it *so* important to educate kids about the reality of finances. The truth is most just don't know. Knowing what it is like after leaving college with quite a bit of debt, I am trying to encourage teenagers to look at the whole picture when choosing colleges. I am not saying don't go to your dream school because you can't afford it, but I am saying do the research. Is there a school that offers the same education you need for your field for less? Maybe going there for a couple years then transferring, or staying the entire time, may not be as bad as you think. Or what about taking more classes to graduate early? And when you think you can't apply for any more scholarships, apply for 30 more, I'm not kidding. The big thing is that you must look at your job prospects for when you leave; are you going to be able to afford large loan payments for 20 to 30 years?
(No matter how low you can get the payments, it's still more than you expect.) Most high school seniors don't look at it that way, but trust me, you need to.
I could talk about this all day, really, just ask my cousins. ;) The point of this post is that I am thrilled that there will be mandatory personal finance classes in high school by 2010 in Ohio. The bill was sponsored by Ohio Treasurer Richard Cordray.
Read a full story here.
Good job Ohio; I fully believe this was more than necessary.


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