Overview
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ASSIGNMENT:
Sociologist David Caplovitz wrote a book called The Poor Pay More which is a sociological study of what could be called the "poverty penalty" - a concept that poor people pay more for the same goods and services as people with more money do. View the following videos on predatory lending to the poor. Why do you suppose there is not adequate political response to enact policies to end this poverty penalty?
The surprising logic behind the use of check cashers and payday loans https://www.youtube.com/watch?v=Y7OUdPE9UdA
Predatory Lending: Last Week Tonight with John Oliver (HBO) https://www.youtube.com/watch?v=PDylgzybWAw
Life in the cash economy for "underbanked" Americans https://www.youtube.com/watch?v=bOdfmb7obog
Dollar Stores: Last Week Tonight with John Oliver (HBO) - YouTube