Yawn.  Another boring attempt to turn poor decision making into something racist.  Are we supposed to act surprised that the idea of the Government solving a problem with regulations failed?  Laws are not supposed to be a fix for bad life choices.  Maybe its time to put the burden of responsibility where it belongs, on the people who sign for these loans under their own free will.  The terms, no matter how crappy, are clearly laid out and no one is putting a gun to anyones head forcing them to take these loans.