Students read a short story and a handout to learn about excessive debt and ways to avoid or reduce debt.
Borrow (Getting loans, Managing credit)
CTE (Career and technical education), English or language arts, Math, Social studies or history
Middle school (6-8)
45-60 minutes
Big idea
Understanding debt can help you manage your finances and pay your bills.
Essential questions
- How do you avoid debt?
- What are some steps you can take to reduce or better manage debt?
Objectives
- Understand what it means to have debt
- Recommend ways people can avoid or reduce debt
What students will do
- Read a short story and a handout about debt.
- Recommend ways a borrower could avoid or reduce debt.
Download activity
Teacher guide
cfpb_building_block_activities_avoiding-debt_guide.pdf
Student materials
cfpb_building_block_activities_avoiding-debt_worksheet.pdf
cfpb_building_block_activities_what-is-debt_handout.pdf
Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.
