If you "have a pretty good understanding of the concept of a black hole." then consider a thought experiment where the Moon is suddenly replaced by a b.h. of the exact same mass and orbit. I find certain aspects of the other two posts (so far) problematic. IMHO, the most common question about bhs is "what happens when you fall in?" Are you able to handle that? You also have to decide on what perspectives you use. A couple of points: 1st: BHs are theoretical, not yet demonstrated. New physics is required for there to be any objects with finite density between BH & neutron (or quark) density, but that doesn't prove that what we are claiming are BH's are not something else. (There's articles about future satellites which will begin to observe near bh horizon). 2nd decide what a bh is (or to discuss that question). Is it everything inside event horizon or the singularity? Not discussing EH is lame. Note that EH is the end of both space and time. 3rd BHs might come in sizes (and evaporate). Almost all galaxies have one or more BHs in their centers. 4th: if the Moon were replaced with a BH (if you don't know this, then you're not ready to present to anybody) then we'd notice this because it disappeared, not because it would "suck" Earth into it. Tides wouldn't change. (I'm not sure what effect frame dragging will have...). 5th. Is it meaningful to SCIENTIFICALLY discuss what happens (what "is" ) inside the EH? 6th With a sufficiently large BH, tidal effects might be sufficiently weak for a probe to NOT be shredded at the EH, but so what? 7th The accretion disk (and jets) are the spectacular aspects of BHs. Most Middle Schoolers will have heard of BHs, why not Google "BH Myths", since the amount of material to cover for even a basic discussion is far more than 15 minutes worth - which is why I wrote that you have to decide on what you want to cover. I'd suggest looking at Yahoo! Answers to get a feel of the common questions. You'll tell by their sophistication whether they're written by kids or not. 8th since what happens inside BH depends heavily on the quantum physics of gravity (which we don't have a clue about), there are things we know about (or think we do) that don't (yet) fit into a neat scientific world view. Talk about what's interesting to you.