Are you addressing the “education loans” in the book? I find it predatory that these lenders offer what they call college loans at the rates and terms offered up.

On a students signature alone they can get in the neighborhood of 50K per year. My favorite line in the advertisements is “…and the check comes to your house made out to you!” I see that as an invitation to abuse these instruments and wind up in serious debt quickly.

There certainly seems to be a conspiracy against these kids by the banks and this has led to a certain amount of bitterness on my part. But the kids seem way too gullible as well. No matter how many times I warn them about automatic withdrawals they just think I’m paranoid- but then I pay the fee and bill when the automatic withdrawal comes at the wrong time don’t I?