- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: October is going to be interesting for irresponsible people
Posted on 6/18/23 at 7:08 pm to Diamondawg
Posted on 6/18/23 at 7:08 pm to Diamondawg
quote:
Do you have a link to this 300% uptick?
The number of older Americans filing for bankruptcy has surged by up to 300% in recent years — and boomers are no exception
And this is from 2019, it’s probably much worse now with inflation. I found this part surprising as well:
quote:
According to Waldmeir's research, credit card debt among elders sharply increased — from 1989 to 2016, the percentage of Americans aged 75 or older in debt climbed from 5% to nearly 50%.
This post was edited on 6/18/23 at 7:18 pm
0
Posted on 6/18/23 at 8:38 pm to Stonehog
quote:No, a lot of private lenders left the FFELP program during the Bush recession, but between Clinton in 1993 with direct loan laws, and Obama in 2010, when he eliminated FFELP altogether, the debt has been driven to almost 2 trillion.
Obama is 100% to blame for this. Turning the loans over to the government is what caused the costs to explode and created this debt problem.
That was Bush.
Page 6 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News