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Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers.
Matthew Desmond
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"Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers."
— Matthew Desmond #moneywealth

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Payday loans are but one of many financial techniques - from overdraft fees to student loans s…

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Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers. — Matthew Desmond

About Matthew Desmond

Matthew Desmond was a Sociologist from United States (1979–present).

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Frequently Asked Questions

Who said "Payday loans are but one of many financial techniques - from overdraft fees to…"?
This quote is attributed to Matthew Desmond, a Sociologist from United States.
When did Matthew Desmond live?
Matthew Desmond lived from 1979 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.