Report: Nevadans’ personal finances not good
By Eli Segall, Las Vegas Sun
Nevadans may not be on the edge of financial disaster anymore, but their personal finances remain among the worst in the country, with many residents unable to “build a secure economic future,” a new report says.
The state is racked by some of the highest rates of lousy consumer credit, bankruptcies, foreclosures, underemployment, mortgage delinquencies and uninsured residents.
That’s on top of Nevada’s many education woes, including a near-bottom high-school graduation rate, one of lowest shares of residents with college degrees, and below-average rates of middle-school math and reading skills.
That’s all according to the nonprofit Corporation for Enterprise Development, a Washington, D.C., advocacy group for lower-income Americans.