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2 August, 21:46

1. Use these sentence starters to explain how Cat Insanity is an analogy for

debt repayment.

a. The multiply rate is ...

b. The # of cats is ...

c. Your food scoops are ...

d. An underfed cat is ...

e. A dead cat is ...

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  1. 2 August, 23:17
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    Cat Insanity

    An analogy for debt repayment:

    a. The multiply rate is ... the compound interest rate on the principal.

    b. The # of cats is ... the number of debts (loans) you hold.

    c. Your food scoops are ... the periodic repayments of principal and interest.

    d. An underfed cat is ... a damaged credit rating.

    e. A dead cat is ... bankruptcy caused by financial distress.

    Explanation:

    Cat Insanity is a game that teaches students what they will get by acquiring loans which must be repaid. It compares the feeding of cats as debt repayment. The game provides practical learnings for students to be wary of student loans. It concludes that failure to feed the cats leads to damaged credit ratings, and if the cats become dead, the student declares for bankruptcy.

    The authors of the game are McKinney GCD Jenny Nicholson, Art Director Kathryn Moffitt, and Copywriter Jade Stoner. Their idea is to connect with students by exposing their future in a way they do not expect it to turn when they continue to acquire more and more student loans.
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