Understanding the Issues: Education

[Schneed10]

Originally Posted by Mattyk72

I think your upbringing contributes more to your common sense than you think.

What's basic to you may not be so basic to others.

Othewise why do we have the mortgage issues that we do now?

In some cases, the lenders were actually behaving criminally, which even the most educated person could have fallen victim.

But I think we also have it because people were too afraid to ask the lender enough questions because they didn't want to appear stupid. You don't need an education, you don't need two parents, you don't need a middle class income as a child to understand that if you don't understand how something works, you shouldn't get into it. That to me is basic, not taught, we're born with that.

Everyone has the common sense to make that correct decision. But not everyone got over the fear of asking the questions that may have seemed stupid.