"One of the more difficult questions of the mortgage collapse was just how much blame individuals should take for signing up for loans they didn’t understand." Champlain College Makes Financial Literacy a Priority.
How long have I been talking about this. It's in the first edition of Hacking College -- which predates the crash by like 5 years. It is essential that every "college educated" student in the 21st century has a sophisticated understanding of how finance works. THIS INCLUDES YOU.