See all 11th-12th Grades Standards
Managing Debt

Managing Debt

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Here's how Managing Debt aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

General Financial Literacy

STRAND 2: Students will understand the factors that influence personal financial priorities and learn how to make rational decisions.

Standard 1: Analyze the role of emotional, cultural, and social influences on financial behavior.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Managing Debt
Discuss the principles of financial management that promote individual financial stability, such as minimizing debt.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 2: Describe and discuss the impact of credit and debt on personal money management.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Managing Debt
Explore and discuss the pros and cons of basic types of credit, including unsecured vs. secured credit, credit cards, installment loans, revolving credit, student loans, mortgage, and payday/predatory lenders. Evaluate the costs and risks of each type.
Calculate how long it takes to repay debt by making minimum payments on installment loans or revolving accounts.

Standard 5: Define the rights and responsibilities of buyers and sellers under consumer protection laws.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Managing Debt
Discuss the negative impacts of predatory lending practices and explore: title loans, payday loans, and pawn loans.