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Young adults are increasingly seeing marriage as something to do after they have gotten their "ducks in a row," according to a new report released last week. Ninety-one percent of young adults surveyed by the University of Virginia's National Marriage Project said they believe financial independence must precede marriage.
The report also showed that the average marrying age is at its highest ever: 26.5 for women and 28.7 for men. However, unmarried twenty-somethings report higher rates of depression and drinking, and lower life satisfaction than their married peers.
“For the college-educated third of our population, [delaying marriage] has been a success. For the rest, including large swaths of Middle America, not so much,” said report co-author Kay Hymowitz in a press release.
A 2012 study by economic forecasting firm IHS Global Insight attributed rising college debt to young peoples' decision to delay marriage. Another report, conducted in 2011 by Cornell University, suggested that fears of divorce may also be to blame.
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