Even the Educated Go Bankrupt

Posted on September 13, 2011 at 12:49pm by

A new report released today by the Institute for Financial Literacy shows that consumer bankruptcy filings among college educated, high income earners is on the rise. College graduates are the fastest-growing group of consumers who have filed for bankruptcy protection in the past five years, according to a new study by the financial nonprofit, which underscores the broad reach of the Great Recession.

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