Managing Debt

Managing Debt

Article • 15 min of learning

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

11.CD: Credit and Debt

Analyze the costs and benefits of various types of credit.

Standards
Defined by State Learning Standards: Financial Education 11th Grade and align with Managing Debt
3: Compare the total cost of reducing a credit card balance to zero with minimum payments versus above-minimum payments, all other terms being equal and no further purchases being made.
7: Explain the effect of debt on net worth.

11.FD: Financial Decision-Making

Make criterion-based financial decisions by systematically considering alternatives and consequences.

Standards
Defined by State Learning Standards: Financial Education 11th Grade and align with Managing Debt
6: Analyze expenses and risks of alternative financing or predatory lending options such as payday loans and credit card cash advances.