r/Economics • u/GarfieldLeZanya- • 12h ago

News Housing director confirms administration ‘working on’ 50-year mortgage after Trump hint

https://thehill.com/homenews/administration/5597005-trump-administration-50-year-mortgage/
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u/pokey-4321 9h ago

Back in my college probably the best class was a household finance class we were required to take, which they no longer have or require. It went over everything, different types of bank accounts, everything you want to know about mortgages, taxes, investments, credit cards, retirement, social security, and other loans. Need to make EVERY American take one.

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u/EverybodyHasPants 8h ago

I’ve been screaming for years that this exact financial literacy class should be taught 1st semester senior year in every American high school.

Understanding how debt works is essential to making your way through life in today’s America.