The Effects of Salary Loans on Gov. Manuel D. Barretto National High School Teachers’ Classroom Excellence and Career Improvement

Teachers play an unquestionable role as catalysts for students' learning in the ever-changing field of education. However, there are several obstacles hidden beneath their admirable goal that could seriously hinder their efficacy in the classroom. Among these difficulties, financial limitations have become a prevalent problem that affects educators' personal and professional lives.The overall objective of this study is to examine the current impact of salary loans on the classroom excellence and career improvement of teachers of Governor Manuel D. Barretto National High School. The department of education can prevent teachers from accruing their debts through institutional changes. This study employed a descriptive design and used a survey questionnaire as the method, while measures and examine the problems encountered by respondent teachers. The survey was conducted in Governor Manuel D. Barretto National High School, Brgy. Maloma, San Felipe, Zambales.Findings indicate that the financial capability and awareness of public-school teachers is not ideal and is merely a reflection of the negative trend in financial wellness nationally and globally. This is due to the fact that the respondent-teachers lack good money management skills, rarely engage in financial planning, and have a low level of knowledge of basic financial concepts, as evidenced by their poor performance in the financial literacy. The inclusion of financial education in the teacher education curriculum and in-service training of public-school teachers can be an effective way to not only improve academic performance but also enable them to secure a wealthier and brighter future for themselves and for their family. While the study provided server insights on the current level of financial capability of the public school teachers in terms of classroom excellence and on their career improvement as to financial wellness, further research is necessary to validate these findings.