Broke :: how debt bankrupts the middle class /

About 1.5 million households filed bankruptcy in the last year, making bankruptcy as common as college graduation and divorce. The recession has pushed more and more families into financial collapse-with unemployment, declines in retirement wealth, and falling house values destabilizing the American...

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Weitere Verfasser: Porter, Katherine (Katherine M.)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Stanford, CA : Stanford University Press, 2012.
Schriftenreihe:Studies in social inequality.
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Online-Zugang:Volltext
Zusammenfassung:About 1.5 million households filed bankruptcy in the last year, making bankruptcy as common as college graduation and divorce. The recession has pushed more and more families into financial collapse-with unemployment, declines in retirement wealth, and falling house values destabilizing the American middle class. Broke explores the consequences of this unprecedented growth in consumer debt and shows how excessive borrowing undermines the prosperity of middle class America. While the recession that began in mid-2007 has widened the scope of the financial pain caused by overindebtedness, the pro.
Beschreibung:1 online resource (viii, 305 pages)
Bibliographie:Includes bibliographical references and index.
ISBN:9780804780582
0804780587
0804777004
9780804777001

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