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Scared to Debt: America's Student Loan Scam's primary photo
  • Scared to Debt: America's Student Loan Scam
  • 90 min | Documentary
Scared to Debt: America's Student Loan Scam
90 min | Documentary
Despite today's headlines of privilege, scandal, greed, and blame, the story of student loan crisis remains hiding in plain sight. The US Government set up a system of greed that is sending students, parents and colleges over the cliff. ...See moreDespite today's headlines of privilege, scandal, greed, and blame, the story of student loan crisis remains hiding in plain sight. The US Government set up a system of greed that is sending students, parents and colleges over the cliff. SCARED TO DEBT is a documentary about the predatory lending system designed to indenture millions of Americans. Some will say there exist four main culprits: federal government, financial institutions, universities and borrowers. By design, student loans lack consumer protections, thus, we see borrowers as victims. This key factor has stalled significant growth sectors of the U.S. economy with 44 million borrowers owing $1.6 trillion. You may recall in 2018, Seth Frotman resigned as the student loan ombudsman at the Consumer Financial Protection Bureau. He did so, because 20 to 60 million students and their parents' financial lives are being ruined by predatory lending and other federal government, college and financial institutions' abuses. SCARED TO DEBT delivers compelling interviews from credible voices exposing flawed design, an inept, corrupt Department of Education, anguish experienced by student and parent borrowers, across all demographics, while offering solutions to restore America's confidence in the opportunities afforded by higher education. When solved properly, we will witness perhaps the greatest economic growth in our lifetimes. Written by Michael J. Camoin See less
Read more: Plot summary
Composer
Dan Radlauer
Cinematographer
Michael J. Camoin
Editors
Michael J. Camoin | Tracy Nichole Cring
See all filmmakers & crew (6)
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Status
Edit Filming
Updated Apr 8, 2019
Awards
1 win

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6 cast members
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