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Is Debt Delaying Marriage?

by | Dec 4, 2013 | Avoid Bankruptcy, Credit Card Debt, Debt Relief, Debt Settlement, Loan Debt, Medical Debt, Student Loan Debt

The answer appears to be yes.   According to a new study by Harris Interactive for the American Institute of CPAs, 15% of college graduates have postponed getting married due to student loans,.

Between 2004 and 2012, the total student debt nearly tripled to $966 billion, becoming the largest non-mortgage debt burden in the United States.

The hard part is that many young people do not understand the real burden of student loan debt until after graduation, and 60% hold some regret for taking out student loans.

Read more here: http://communities.washingtontimes.com/neighborhood/legally-speaking/2013/aug/26/college-debts-delaying-marriage-graduates-problems/

If student loans or other unsecured debts are holding you back from popping the question, getting married, going on a honeymoon, or starting a family, contact a debt settlement attorney who can work to reduce your debt and defend you against debt collectors and big banks.

 

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Kevin Fallon McCarthy

Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.