We sent our daughter to a parochial school, not for religion, but a better education, now it was not perfect, I remember helping her with homework in math, she had a problem, write out the solution, so I showed her and she failed, got the right answer, but it was not the way she was shown to solve the problem. Now I was in teacher ed for math and computers, and disapprove of my way or the highway, any solution that works is a good solution.
Now to try and get back to something relevant, economics and logic in loans is not taught in school, now I am guilty of being an idiot for taking out a 30 year mortgage on my house, but wife could not work anymore due to back surgery, and we were struggling. I went to quicken loans to refinance at a lower rate for a 15 year loan, and they told me if you pay an extra $85 per month towards principal, It will cost you less per month in the long run than if we refinance you at a lower rate and higher monthly cost due to fees etc.
Ya can't know everything, and appreciated the info.