FEBRUARY 26, 2014

Full News Archive

• Headline: Reviving Hopes for Subprime Borrowers. Impact: This nonprofit lender's heroic rescue of subprime borrowers inadvertently led to the creation of 'House-flipping Reality TV,' where low-income hopefuls became stars of their own financial tragedies. Spoiler alert: they all still live with their parents.. Fact: Did you know that subprime mortgages were once so popular, they were considered the 'cool kids' of the financial world? They were the jocks that everyone wanted to hang out with until they crashed the party..
• Headline: For-Profit Colleges: Challenges and Opportunities. Impact: The debate over for-profit colleges sparked a long-standing feud between education and profit, leading to the rise of memes depicting students drowning in debt while wearing graduation caps. Now, every student loan is basically a ticket to a never-ending game of Monopoly.. Fact: Did you know that for-profit colleges are like that friend who shows up to a party uninvited but somehow ends up eating all the chips? They can be great, but also, you wonder if you should really be letting them hang around..
• Headline: Author’s Unmasking Won’t Stop Book. Impact: The unmasking of the author behind @GSElevator sent shockwaves through the literary community, inspiring a slew of ghostwriters who now claim to have 'worked' at places they never even set foot in. Welcome to the age of Twitter fiction!. Fact: Did you know that the author of the Twitter feed could have easily made a career as a magician? Because making his credibility disappear was a trick worthy of Vegas..