Tuesday, February 07, 2012

Student debt pushing more people toward bankruptcy, lawyers say

The L.A. Times reports:
Student-loan debt is pushing an increasing number of young people and their parents toward bankruptcy, according to a survey released Tuesday.

More than four-fifths of bankruptcy attorneys say they’ve seen a notable jump in the number of potential clients with student-loan debt in the last few years, with nearly half the lawyers reporting a significant increase in such cases, according to the survey by the National Assn. of Consumer Bankruptcy Attorneys.
Just think, many supporters of the Obama regime think even more people should go to college!