Is student loan debt a dating deal-breaker?

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More Millennials are cohabiting as student debt rises, leading many singles to pay more attention to a potential spouse's financial situation, which can lead to awkward conversations if not handled properly.

found only 28.1 per 1,000 unmarried women tied the knot in 2020, compared to 76.5 per 1,000 in 1970. In 2021, the rate was even lower — 28 per 1,000.are a leading cause of divorce," says Creighton University law professor Victoria Haneman. "The data we have shows Millennials are choosing cohabitation."t extensively. She says although research has not found a definite link between rising student loan debt and declining marriage rates, debt is definitely on the minds of daters.

Many student loan plans are income-based, meaning monthly payments can rise dramatically with marriage. Future repayments will be based on two incomes instead of one.

 

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