After years of endless negative press about teachers, it was refreshing to pick up the New York Times and read a story about Brian Page, who teaches high school students about economics and personal finance. He teaches them through life experience and field trips what economics means in their own lives.

Page took his students to a pawn shops where they learned about what it means to borrow, about interest, and about their credit scores.

“Stop 1 was at LoanMax, which allows people who own their cars free and clear to use them as collateral for loans. “Take charge of your life,” said business cards sitting on a counter. A half-dozen students entered the store with Mr. Page, who asked about interest rates. The person at the counter said that the annual interest rate would be 24.99 percent and that one missed payment could lead to repossession of the vehicle, a fact that shocked the rest of the students on the bus when Mr. Page debriefed them on the visit.”

At another shop, they learned how interest rates increased the cost of appliances.

“By the time the group was breaking up, the day’s lessons seem to have sunk in for Ciara Meinking, 18. “It’s just crazy how expensive all of this is and how they con you into stuff, and you don’t ever get a lot of the money,” she said.”

What a great day of life lessons!