Forget Sub-Prime Borrowers, Let's Rip Off the KIds!

What have we learned from the current banking crisis? Apparently NOTHING. Banks can no longer commit theft by sucking the poor and the middle-class into loans that they can never afford, so now these same irresponsible lenders are preying on American youth. As education costs rise to ridiculous levels, banks are now allowed to offer "private" student loans. The average student leaves college and enters an inhospitable job market with tens of thousands of dollars in student loan debt. Now, banks offer them even more easy cash for the borrowing. Of course, the American people be bailing out the banks when these loans go into default. CEOs and financial "managers" will still be hauling away huge bonuses while workers are laid off as a result of of corporate irresponsibility. Haven't we learned anything? Yeah, we've learned to eat our young!