Module MCM.3.3: Debt Pros/Cons

Standard: EPF.MCM.3.3

Objective: Analyze the advantages and disadvantages of using debt.

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Lesson Overview

• Define pros and cons of debt
• Discuss when debt is appropriate
• Analyze real-life debt scenarios

Teacher Notes

• Use case studies
• Relate to student/parent experiences
• Discuss long-term impacts

Activities

• Debt scenario analysis
• Debate: Is debt ever good?
• Create a pros/cons chart

Assessment

• Quiz on debt pros/cons
• Written reflection on debt use

Resources

• NC DPI EPF Standards
• Financial literacy resources