See all 9th-12th Grades Standards
Borrowing

Borrowing

Article • 15 min of learning
Try it Out

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

Standards
Defined by Personal Financial Literacy 9th-12th Grades and align with Borrowing
HSS.ECON.T1.5: Predict how interest rates act as an incentive for savers and borrowers.
HSS.PFL.T3.1: Recognize that a credit card purchase is a type of loan from the financial institution that issued the credit card, that financial institutions may charge a fee for credit card use, and that credit card interest rates tend to be higher than those for other types of loans.
HSS.PFL.T3.2: Explain why some banks offer credit at low introductory rates that increase when a consumer makes a late payment or misses a payment.