Someone recently had another thread about this edited version, and I listed every use of swears (I don't have the list in front of me at the moment). There's (i believe) 11 occurrences throughout the show, and I believe 7 or so of those are the word "shit." Now, I don't have ?children but I probably would explain to them that to use that word (or other swear words) in many public places (either in school or professionally, or just with people you don't know very well) is rude and inappropriate. However I don't believe that hearing swear words or using them morally corrupts you, as OP seems to imply.
i assume this edit is the one that was used on NPR when it streamed for the week before the album was released. If so, I barely even noticed the deletions (since, in a score that is almost 2.5 hours long and with as many words as Hamilton has, 11 words isn't very much).
"Contentment, it seems, simply happens. It appears accompanied by no bravos and no tears."