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A Reddit comment on this story made a good point. Every high school student should be given a basic understanding of how bankruptcy works. Most won't have to us
by dcolkitt 6y ago
A Reddit comment on this story made a good point. Every high school student should be given a basic understanding of how bankruptcy works. Most won't have to use it, but it would save a lot (including this young man), from making a bad decision during a highly stressful time, when it's hard to think straight.
- deleted 6y ago[deleted]
- xwdv 6y agoEvery high school student should be taught financial literacy period. The reason people go into these cycles of debt fueled poverty is because people just don't understand anything until it's too late.
- DataWorker 6y agoOr it could make them less cautious about taking on large debt.