[jammer]

But I think if the purpose of education is to prepare people for life, this is one of the most important lessons that needs to be taught.

Absolutely correct. Our children aren't even taught the miracle of compound interest, much less the disaster of the "miracle" of compound interest in reverse, like cc debt.

[dfwgator]

It really is amazing the difference in saving in your 20s than it is to start saving in your 30s.