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Unless the kid is going into a science or math (basically) it is an absolute waste of time. I was great at math. Straight A's. I can't remember any of it anymore because I never used it once I got out of college. That is the same for the vast VAST majority of students. They should be learning about loans and a million other real life stuff.
You may not remember the equations or the algebraic laws but learning them trained your brain to work in ways that you don't even know you use today.
Education isn't job training.