This is why highly educated people are more likely to fall for scams and stay in scams: they can't admit that they were wrong or fooled ("I'm smart, how could I fall for simple confidence tricks?"), so they keep going along with the scam hoping that the scam is "real".
This is why highly educated people are more likely to fall for scams and stay in scams: they can't admit that they were wrong or fooled ("I'm smart, how could I fall for simple confidence tricks?"), so they keep going along with the scam hoping that the scam is "real".