MIAMI COUNTY — Van Cleve Sixth Grade students saw the value of a hard earned dollar during its 10th annual “Real Money Real World” simulation at Edison Community College on Friday.
Students spent the day Friday attending classes and learning real world financial responsibility at Edison State Community College during the Kids To College program.
Sixth graders are assigned various careers — with various paychecks — before trying to stretch every dollar with housing, transportation, child care, student loans and even the surprise speeding ticket expense from the Troy Police Department.
“This program really helps students connect their education and the value of the education they are getting now and how it relates to continued education and their life down the road,” said Van Cleve counselor JoLynn Scalice. “It also opens their eyes to what their parents go through with the realization of the cost of living.”
While at Edison State, students spent time in the classroom learning about a variety of topics ranging from anatomy and physics to business and early childhood education. In addition to attending various sessions and simulations, students had the opportunity to spend time and interact with Edison State faculty and staff in the cafeteria during lunch.
Initial sessions are held at Van Cleve in the weeks leading up to the event to help prepare students for a simulation that requires them to make consumer decisions, pay bills and balance a checkbook.
“’Wow, I didn’t know Mom and Dad spent that much money on me’ is one of my favorite things kids have said to me after this,” said Stacey Bean, ESCC enrollment manager. “It’s a big realization for them with the expenses that we have as adults.”
Madison Frey worked with Matt Erwin, who volunteered his expertise to help students find the perfect ride for their budget.
“We are helping them learn a little bit about budgeting. It’s funny because they’ll come and buy a car and sometimes they leave and have to come and return the car and get a bus pass,” Erwin said. “With budgeting, they need to get food, then rent. It’s just fun to help out with this every year.”
Frey ended up signing up for a brand new Chrysler 200 sedan to help shuttle her to and from her AC engineering job.
Frey said she enjoyed touring the college campus and watching the physical therapy sessions, an occupation she may consider someday, being held during their visit.
Ascha Patel was “pulled over” for speeding through the Edison State Community College gym by Troy Police Department School Resource Officer Nick Freisthler. Freisthler, along with Patrolman Chris Tilley, ticketed various students for speeding, equipment violations (untied shoes) and other “traffic crimes” during the simulation, since traffic tickets are an unexpected expense in every day life.
Patel, a funeral director, had already set up her food, housing and child care expenses, including X-rays for a broken leg, before heading over to see what kind of transportation she would need.
“If you try hard you can earn a lot of money,” Patel said. “I was speeding, so that’s $109 gone.”
Patel said she enjoyed visiting the nursing classrooms, which included CPR dummies that students use to practice various techniques.
“I like seeing its heartbeat, it was crazy,” Patel said.
Tristan Green was a police officer for a day, avoiding traffic violations for the first part of the day.
“I had to get a mini-van. I have three kids!” Green said. “My favorite part has been buying a house so I have a home for my kids. This was fun because I really want to be a police officer when I get older.”
The annual program is a collaborative effort with Troy City Schools, The Ohio State University Extension Office and is funded by a grant from the Troy Foundation.
Reach Melanie Yingst at [email protected] or follow her on Twitter @Troydailynews