Financially Overextended: College Attendance as a Contributor to Foreclosures During the Great Recession.

Although subprime mortgage lending and unemployment were largely responsible for the wave of foreclosures during the Great Recession, additional sources of financial risk may have exacerbated the crisis. We hypothesize that many parents sending children to college were financially overextended and v...

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Bibliographic Details

Published in:	Demography (Springer Nature) Vol. 55; no. 5; pp. 1727 - 1749
Main Authors:	Faber, Jacob W., Rich, Peter M.
Format:	journal article
Published:	Springer Nature Oct2018
Subjects:	United States College costs Subprime mortgages Unemployment College attendance Foreclosure Great Recession, 2008-2013 Default (Finance) Financial risk
Online Access:	View this record in EBSCOhost