Tuesday, June 15, 2010

Nytimes Reports: Astonishing Correlation Between Mortgage Default & Borrowers Being Bad At Math

Study Says Math Deficiencies Increase Foreclosure Risk



IF you can’t divide 300 by 2, should you qualify for a loan?
That is one of the questions raised by a new study led by a Columbia University assistant business professor, Stephan Meier, who found that borrowers with poor math skills were three times more likely than others to go into foreclosure. Click Here for Full Article

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