Economics ETDs

Publication Date



A serious problem in the United States is the increasing number of bank­ruptcies filed each year. The number of bankruptcies in the last decade alone tripled. In 1956, there were 68,086 bankruptcies, and in 1966, the number reached a new record of 192,354.1 This increase, however, is not attributed to business failures, but to the rise in consumer bankruptcies; that is, individuals and families who seek alleviation from their financial distress in the courtroom. Since 1950, more than three-fourths of all bankruptcies filed in the United States District Courts have been consumer types. Presently they constitute over ninety percent of all petitions filed.

Degree Name


Level of Degree


Department Name

Department of Economics

First Committee Member (Chair)

David Hamilton

Second Committee Member

Sanford Cohen

Third Committee Member

Joan Sato

Document Type


Included in

Economics Commons