• Dontsendfeetpics@lemm.ee
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    3 months ago

    Saying “educating people is a lot easier than fixing the system” is not as easy as actually educating people. Telling people on lemmy to build an amortization schedule is like pissing in a lake of piss. We’re a bunch of frugal nerds.

    What exactly would an effective system to educate people on loans look like in the US? Either all 50 states would have to agree to mandate financial literacy in every school or the federal Department of Education would. Then each school has to adopt the policy and make sure teachers are equipped to teach while having a benchmark/test to show it’s effective. That brings in a private company to develop the test and education material. Then you have schools who can barely hang on to teachers that are qualified enough to teach. Some districts are at the point where they just need warm bodies to be babysitters.

    So let’s say we develop a robust financial literacy program in all US schools. Say Biden’s Education Secretary makes it their agenda and 50 states agree to take this on and mandate it for their public schools. That still leaves massive gaps in our system. Anyone older than the initial cohort will be at a disadvantage. Anyone from a non-English speaking background or is mentally handicapped will be at a disadvantage. You’d need edge cases to educate them.

    So tell me is it really, truly easier to educate people and fix the problem that way? Or would it be easier to pass policy that prevents or mitigates predatory lending behavior in the first place? In an ideal world we would have both!

    I know Lemmy users hate being told they are wrong so go ahead and downvote me. It’s not like I’ve spent a third of my life working with the government and studying policy or anything.

    • Shiggles@sh.itjust.works
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      3 months ago

      I suppose I simple wasn’t pedantic enough for you- posting a comment educating people and trying to fix the system are not mutually exclusive.

      You’re not wrong, you’re just arguing against a point you made up and doing so like a prick.

      • Dontsendfeetpics@lemm.ee
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        3 months ago

        English isn’t my first language. I read your comment as one that advocates for education vs fixing the problem. I’m so sorry. No need to be a jerk :(

        Edit: actually I think I’m probably done with Lemmy. People are way too quick to insult and it’s not worth putting in effort on productive comments here. Have rarely felt so unwelcome on a platform.