As soon as students turn 18, they are eligible to have their very own credit card – and credit score – without needing parental permission, and sometimes a job isn’t even required to be approved. Yikes!
Get your kids ready for the real world by having them calculate a 40 hour wage based on minimum wage, and for an art-related project, make their own credit cards. Then turn them loose with newspapers and catalogs, buying what they want, and figuring how many lifetimes they will spend paying them off at current percentage rates.