The Brief High school juniors in Washington are teaching elementary students about financial literacy, finding that teens need earlier education on saving and debt. Educators stress the importance of starting financial education young to build a more informed, debt-resilient generation. How much student debt do young borrowers carry in WA? In Washington state, the Department of Education reports that 163,800 borrowers owe between $10,000 to $20,000 and 169,100 borrowers owe between $20,000 and $40,000. How parents should teach financial education to their childrenBlack shared her top five financial education tips for parents with FOX 13:1.