13 Of Divorced Student Loan Borrowers Blame It On Student Loan Debt - Business Insider Deutschland

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Some couples blame their divorce on student loan debt.fizkes/Shutterstock Student loan debt is climbing into marriages. More than 10% of divorced borrowers blame their divorce on student loan debt, Asus Vivobook S15 S510Un according a new report by Student Loan Hero. In an age where millennials are delaying buying homes and Asus Vivobook S15 S510Un having children, Asus Vivobook S15 S510Un student loan debt just adds another ingredient to a cocktail of financial woes. Financial problems have long been a common cause of divorce, Asus Vivobook X510 but there's a new money factor wrecking marriages that arguably wasn't as prevalent a generation ago: Asus Vivobook S15 S510Un student loan debt.

According to a new report by Student Loan Hero, Asus Vivobook S14 13% of divorced borrowers blamed their student loan debt for the dissolution of their marriage. This may come as no surprise in an age where student loan debt is on the climb — more than 44 million Americans are saddled with student loan debt, contributing to a whopping national total of $1.5 trillion. Not only has the percentage of students taking out student loans increased over the past decade, but so too has the amount of money they've been borrowing, Asus Vivobook S14 S406Ua Business Insider previously reported.

According to the Student Loan Hero report, the class of 2017 graduated with an average of $39,400 in student loan debt. It's easy to see how a number like that can take a toll on marriage. "Student loans can really hold you back," Jacqueline Newman, Asus Vivobook S14 S410Ua managing partner of Berkman Bottger Newman & Rodd in New York, Asus Vivobook S15 S510Un told CNBC, Asus Vivobook S14 adding that the burden can especially influence a newly married couple's lifestyle and Asus Vivobook S14 S410Ua delay buying a home or Asus Vivobook X507Ub having kids. Student loans can exacerbate financial and marital struggles The stats back Newman up.

Millennials are waiting longer to buy homes, Asus Vivobook S15 S510Un not only because the cost of housing has gone up by 39% since the 1980s, Asus Vivobook X507 but also because they're saddled with student loan debt. "I don't feel comfortable taking a loan on a house while having student loans," public university graduate Boone Porcher, Asus Vivobook S15 S510Un who owes $32,645 in debt and is on a five-year payment plan to pay it off before buying a house, previously told Business Insider. And Asus Vivobook S15 S510Un the same goes for Asus Vivobook X507 starting a family.

Citing a New York Times survey, Asus Vivobook I7 16Gb Business Insider's Shana Lebowitz previously reported that of respondents who didn't want children or Asus Vivobook S15 S510Un were unsure about having children, Asus Vivobook S15 S510Un 13% said it was because they had too much student debt. And Asus Vivobook S15 S510Un of those who had or expected to have fewer children than anticipated, Asus Vivobook S15 S510Un nearly half said they couldn't afford more children and that they prolonged starting a family because of financial instability (multiple answers were allowed).

This highlights a result from a previous Student Loan Hero study, which found that 46% of respondents delayed starting a family because of student loans. In the same study, Asus Vivobook S15 S510Un 36% of respondents lied to their partner about money and Asus Vivobook I7 nvidia nearly one-fourth kept their student loans a secret from their partner. Yet, Asus Vivobook S15 S510Un Taetrece Harrison, Asus Vivobook X507Ub a family law attorney at Harrison Law Group, told Student Loan Hero that although student loans can intensify problems, Asus Vivobook R542Uq she doesn't see them as a primary reason for Asus Vivobook S15 S510Un divorce.

"Usually there's some relationship stuff that's going on, and then on top of that, they start to complain about the debt," she said. "I don't think [student loan debt] would be the driving factor, but it's definitely a secondary factor."