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While empirical data concerning the effects of student debt on marriage, divorce and fertility is still meager, early research has found that there is a positive correlation between debt and family formation and stability.
A recent report by IHS Global Insight said that as a result of increasing economic stress, young adults are delaying key rites of passage typically associated with adulthood, with statistical evidence of later marriages and lower fertility rates for people in their late 20s.
This infographic shows how student debt in America has become a burden to many families across America.
In many developed countries around the world, tap water is widely considered to better for you than the bottled variety and subject to more stringent safety checks. Why then do we insist on purchasing something which is up to 300 times more expensive than what comes out of our taps? Read more
Jeffrey D. Sachs,
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