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Interactive Internet Game Activity
Reno really doesn't know what to do. What he does know is that he wants a new video game player. But, he has decisions to make. Should he simply borrow the money, pay interest to his friends incurring bad debt or should he borrow the money, buy a lawn mower, pay back the principle and interest to his friends, and continue to make more money? When you review the Tale of Two Loans with your class, you can help Reno make his decision.

Learning Objectives
· Examine debt to determine if it is good or bad
· Create a descriptive story
· Identify examples that illustrate a concept

Assessments
The student will: (1) Analyze a graphic illustration to determine if a loan will result in good or bad debt, (2) Construct a tale describing the solution to a problem, (3) Create a collage made from pictures that depicts examples of good and bad debt.

Classroom Activities
1. Good Debt, Bad Debt - The Tale of Two Loans - The narrative describes a young person with a typical problem; how can I buy what I want? Guide students through the graphic that illustrates the pathways to good and bad debt. This will help them to help Reno solve his dilemma.
2. The Tale of Two Loans - Create a Tale - Assign students a story to write. They will write about a character who is faced with a dilemma similar to Reno's. The character should have to make a decision about taking on a $200 loan. Students will need to support the decisions they make while following through with the writing process. Use the provided rubric to assist you in grading.
3. The Tale of Two Loans - Collage Activity - Students will create a collage with pictures that illustrate examples of good and bad debt. Some clipart pictures have been provided to give students a start on their collages.

Class Discussion Questions
1. Do you know anyone who has taken on bad debt?
If yes, what are some suggestions you can give them to eliminate bad debt and instead take on good debt?
2. What are some steps you can take to put yourself into a position of never having to take on bad debt?
3. What are some careers that specialize in helping people on the pathway to good debt?
What are some careers that specialize in helping people on the pathway to bad debt?

(Charts and activity sheets continue in the downloadable PDF file above.)