> That's what happened with the housing bubble. Blaming banks is easy, and certainly they did a lot of shady stuff. But nobody forced people to take on mortgage

> That's what happened with the housing bubble. Blaming banks is easy, and certainly they did a lot of shady stuff. But nobody forced people to take on mortgages they couldn't hope to pay. Nobody forced kids to take out $100k in loans to go to a dream school instead of a state school. Really? We're told, almost from day one, that the best path to success in America is through a college education. We're also told that the American dream is to buy your own house. Furthermore, we're told to follow our dreams, chase our passions, that nothing can stop us, and that we shouldn't let anything or anyone get in our way. We can be anything we want to be so long as we put in hard work. How much financial literacy training did you get in high school? I went to private Catholic high school, and I didn't get any. Most people will say that's Mom and Dad's job. Wait, they're too busy working trying to pay for healthcare, make sure there's food in the pantry, and gas in the car. The claims of personal responsibility and caveat emptor can only go so far. When the culture you live in is literally teaching you the opposite, it's not enough to blame the buyers. Everyone is to blame.