Managing Debt

Managing Debt

Article • 15 min of learning

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

PFL.7: The student will identify the process and analyze the responsibilities of borrowing money.

PFL 7.4: Analyze the responsibilities and consequences of borrowing money.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Managing Debt
C: Describe the impact of non-repayment of debt on individuals, families, businesses, and the broader economic system.

PFL.13: The student will evaluate the consequences of bankruptcy.

Standards
Defined by Personal Financial Literacy 7th-12th Grades and align with Managing Debt
PFL 13.2: Explain ways to avoid bankruptcy and identify alternatives to bankruptcy (e.g., budget management, debt management, refinancing, and financial counseling).