Business news without the bullshit

The student loan bubble

The next "subprime" disaster

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$1 trillion owed and rising

Donald Trump's Trump "University" is not the only organization accused of running a scam.

The whole world of higher education is suspect.

Making emphatic promises of a better tomorrow, but being artfully vague about the details, higher ed has turned into a high growth industry with no accountability, unlimited prestige, and utter callousness towards its customers.

Sound familiar?

Sounds a lot like Wall Street or Washington or BP on the Gulf Coast, doesn't it?

Who is going to pay back the $1 trillion?

What impact will this have on a generation?

By the way, $1 trillion is still a lot of money especially when it's taken directly from the pockets of consumers in 22 to 40 years of age.