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Released: June 13, 2010

Study says math deficiencies increase foreclosure risk

Source: Bob Tedeschi, New York Times (Free Registration)

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.

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