An increasing number of bankruptcy filers are well-educated,middle-class baby boomers.

Question

Quizplus · Accepted Answer

This statement is true according to recent studies and statistics. Many baby boomers have struggled with job loss, high medical expenses, and other financial challenges that have led to bankruptcy. Additionally, the rising costs of healthcare and education may be contributing factors to the increasing number of well-educated and middle-class individuals filing for bankruptcy.

An Increasing Number of Bankruptcy Filers Are Well-Educated,middle-Class Baby Boomers