Some people are of the opinion that it is essential for schools to impart lessons about the role of money to their students, while some are opposed to this. Although both schools of thought hold merit, I agree more with the former statement.
To start with, it is understandable why students should not be taught the value of money at school. It is largely claimed that academic settings are ideal to prepare students with knowledge for pursuing higher educational levels or entering the workforce. In detail, high-schoolers are often immersed in science and social subjects, ranging from mathematics to literature, in order to explore their academic interests and suitable educational paths. This is quite similar to universities, where students are mostly equipped with specialized knowledge, which is highly applied in their future professions. Thus, if side knowledge like the value of money is added to current curricula, both students and teachers will face more overwhelming timetables. This means that instead of ending class at 5 to 6 pm as standard, they may have to engage in extra lessons, which creates an excessively stressful environment. This justification successfully explains the reason for not incorporating the role of money into already heavy study programmes.
Nevertheless, I believe that educational institutions should be responsible for raising students’ awareness of the role of money. Although including this matter in the current curricula may cause significant mental burdens as mentioned, schools can adopt alternative methods to educate students about financial literacy without overwhelming their schedules. For example, it is possible to organize community events focusing on money that feature high-profile celebrities or influential characters. The presence of these individuals would help to make the topic more relatable and appealing, fostering a greater interest in financial education among students. As a result, students would be better equipped to manage their personal finances, make informed financial decisions, and develop a sense of financial responsibility, which are essential skills for their future success and well-being.
In conclusion, despite the challenges of adding financial education to the curriculum, I believe schools should take responsibility for raising students’ awareness of money. Alternative methods, like community events, can help students gain essential financial knowledge without overwhelming their schedules.