College kids are poor and desperate

(CBS 3) It is exam week at Lehigh University, but the buzz around campus is centered on allegations that the sophomore class president robbed an Allentown bank.

"I was pretty shocked,” said a Lehigh student.

Lehigh University students reacted to news that sophomore class president Greg Hogan was arrested Friday at his fraternity house in Bethlehem after police say the 19-year-old robbed a Wachovia bank on Union Boulevard in Allentown.