On Sunday, June 5, 2016, viewers of the HBO television show Last Week Tonight with John Oliver saw the comedian forgive $15 million in medical expenses debt that his company had acquired from creditors. His grandiose stunt was the high point on a commentary about America’s debt crisis.
How much debt is America in? About 1.5 million households filed bankruptcy in the last year, making bankruptcy as common as college graduation and divorce. America’s debt crisis is a topic crying out for an in-depth research paper. Read more