Could crushing student loan debt be a bigger-than-expected culprit behind recent trends showing that young adults are waiting longer than ever to get married and have children?Great moments in the welfare state!
A new report (not yet online) by economic forecasting firm IHS Global Insight points out that while other forms of debt have been going down since 2007, student loan debt has been growing, both in terms of the number of borrowers and the size of the loans. At the same time, the number of young Americans delaying marriage and starting a family has accelerated.
Thursday, March 29, 2012
Bloomberg Businessweek reports:
Posted by Steve Bartin at 3:10 AM