Borrowing

Borrowing

Article • 15 min of learning

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

8.CD: Credit and Debt

Analyze the costs and benefits of various types of credit.

Standards
Defined by State Learning Standards: Financial Education 8th Grade and align with Borrowing
1: Assess whether a specific purchase justifies the use of credit.
2: Summarize how the interest rate, compounding frequency, and loan length affect the cost of using credit.
4: Discuss potential consequences of using "easy access" credit.

Apply strategies to avoid or correct debt management problems.

Standards
Defined by State Learning Standards: Financial Education 8th Grade and align with Borrowing
6: Identify indicators of excessive debt.
7: Predict possible consequences of excessive debt.