This isn't high school, it's real fucking life...

In high school, I had friends that would go out, and cause all sorts of trouble. They acted irresponsibly, and even dangerously because they knew their parents would bail them out of any trouble they got into.
Even in college, there were (more) people like that.

It seems that people like that have been around since before I was even in high school because they're old enough to get in serious trouble, expecting that the government will bail them out.

Of course, when you got in trouble with your parents, you'd get grounded. There are no repercussions here. Now, the ones getting punished are the responsible people who got loans they COULD afford, or just kept renting, or doing whatever. The point is, tax dollars of responsible citizens are being rerouted to fund irresponsible behavior.

Yes, lending companies may have shoddy practices. But they don't force anyone to sign anything- it is up to the person applying for a loan to read the papers, and run the numbers.