From The Atlantic: “Student debt can lead many people to defer important life decisions and milestones. In a 2001 survey, 36 percent of young people with student loans chose to delay moving out of a family member’s home because of debt. Over the years, ballooning student debt has also contributed to the rising average ages of when people marry, have children, and buy a home. Many young people say that they want to establish themselves financially before taking such steps. While society often judges young adults harshly for making decisions like these and delaying some of the responsibilities of adulthood, these are rational responses to economic instability.”
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