Quote:
Originally posted by Love_Spell_6
Its the PARENTS responsibility to educate their children about credit....and it is also the Young adult's responsibility to be educated in the area of credit. If you're old enough to drive and go to war for our country when you go off to college....you are old enough to deal with the consequences of being irresponsible with credit.....
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This sounds good in theory, but not every student comes from a family that is good with credit, nor was ever educated themselves. Therefore, the parent may not be the most reliable source for information. There are hardly many students that sit down to learn about credit until it is too late. As a broke college student, the FREE school supplies, t-shirts, and false sense of "free money" is VERY appealing. It is true that people need to own up to their mistakes, but by the time it really becomes an issue, mounds and mounds of damage is done.
Credit education should be given in high school. I think that it should be conjoined with the required Free Enterprise class. That way students can learn before they are sent into college. School is the best (and sometimes only) place that some people will learn about certain subjects and I think that this is one that DEFINITELY needs to be addressed.
On another note:
I am in the process of rebuilding my credit and I'm so excited! I am alos taking steps to purchase my first home! Yippee!