Economy Changes Classroom Conversation - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Economy Changes Classroom Conversation

The economic storm is changing the conversation in local high school economics classes.  That makes the subject of economics really hit home.

In Matt Cline's classroom, the daily dismal economic news catches the eye of his seniors.  He says, "they're pretty receptive. They know as seniors they're going to be stepping into the real world and will be responsible for their own finances."

The curriculum mandated by the state requires some teaching about real-life finances, like "credit, the good, the bad, that comes with credit, it teaches them how to manage their credit responsibly, the difference between banks and credit unions, investments, investing sooner rather than later" says Cline.

But that is just a small portion of the overall plan.  Cline says he would like to see more of the curriculum focused on the pitfalls of credit, among other things.

At Cal Farley's Boys Ranch, teenagers are learning about the real world first hand.  Everyone  there has a checking and savings account.

President Dan Adams says, "We try to coach them to put as much in savings as they can. If they leave here, especially with no social network outside boys ranch, we want them to have little nest egg."

Adams says they are also planning to put a kids-focused economic program in place soon.

If you want to take a look at what exactly the state requires in those classes, go to http://ritter.tea.state.tx.us/rules/tac/chapter118/ch118a.html

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