People looking to increase their marketability in a tough economic climate are being deceived about what an education at these schools will cost, what doors these degrees might open, and the salaries students can expect upon graduation.
Wall Street short-seller Steve Eisman gave a speech criticizing for-profit colleges and universities. Stories appeared after the speech that the share values of the companies had dropped -- and that Eisman had "shorted" these stocks.
You could argue that The Big Short is about a lot of different things. But I read it as a story about the social, personal, and intellectual conditions that can produce dazzling rightness or staggering wrongness.