Borrower Beware
Format: DVD | Streaming | Download
Length:
11:13
Grade Level: 7-12+
Closed Captioned:
Streaming/DVD: English
Who pays when others aren't held accountable for their actions and decisions?
In 2008, home prices soared, but getting a loan was easy!
Unfortunately, many homebuyers ended up in over their head. Then the housing bubble popped.
Banks were in trouble. The American taxpayers, some of whom had lost their own homes in this crisis, were forced by the government to bail out the banks.
What caused this crisis that led to a massive financial meltdown known as the Great Recession? It all started with good intentions. And you know what they say about good intentions...
They can lead to some really bad outcomes.
Learn more about the Great Recession of 2008 and why borrowers should always beware.
