If you follow my facebook posts you will notice today’s article is about who is supposed to teach students about debt. Being someone who is still paying for student debt, as my wife graduated from Queen’s back in 2003, I can certainly agree that post secondary education is extremely expensive; however, also very important. Do I recall anyone teaching me about debt? I remember very well my dad talking to me about different forms of debt, which ones were “good” debt (home ownership), and which ones were “bad” debt (consumer debt).

Getting back to the original question of “Who is supposed to teach kids/students about debt?” The answer from myself, while I would like to say mom and dad should be teaching there children, given that the average Canadian is buried in debt according to our government, I don’t think mom and dad should be teaching their children since they’re in it themselves. Should it be the government? I don’t know that I would want someone who is $60 BILLION in debt this year alone teaching my son about money since they don’t walk the talk either.

Now don’t get me wrong, I think someone needs to teach people about debt because things can’t continue the way they are because eventually, I’m just not sure who shoudl be the ones to do the teaching.

For those who haven’t read the article on facebook here is where you can find it, just cut and paiste this to your web browser:

http://www.theglobeandmail.com/globe-investor/personal-finance/students-need-an-education-in-debt-repayment/article1907460/page2/