Danielle Park--Subprime Student Loans - An Unwanted Dose of Financial Education

It's no secret that massive financial fraud has been taking place in the US, Canada and the rest of the globe. What's surprising is how the cancer has spread. From shady reverse mortgages, to subprime mortgages, to sub-sub-subprime auto loans. We recently learned the truth about garbage student loans that are designed to fail. Imagine taking on $150,000 in student loans to become a failed photographer? This example is by no means unique. It's happened 10's of thousands of times. Promise them the moon and exact a pound flesh in return. Modern day banking, something to really be ashamed of. A recent NY Times story blows the lid off of yet another scandal. Read it here!