Sentences with phrase «delay major life decisions»
Financial experts say student loan debt is causing millennials to delay major life decisions that previous generations had already made by now.
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Student loan borrowers tend to delay major life decisions, including homebuying and starting a family.
About 28 percent of young adults ages 21 to 35 say student debt has forced them to delay major life decisions such as starting a family, according to a Study.com survey.
Not exact matches
The burden of student loan debt is causing many young Americans to delay major financial life decisions, including home buying.
«Millennials are delaying all kinds of major life decisions, like getting married and having kids, so it makes sense that they would also delay buying a home,» said Zillow Chief Economist Dr. Svenja Gudell.
Student loans and credit card debt prompt many young adults to delay major purchases like buying a home, and major life decisions like marriage.
While shelving the idea of purchasing of a home or delaying a marriage to focus on a career or other priorities might make sense for some individuals saddled with debt, it could also impact decisions about other major life choices, such as a buying a life insurance policy.
They were developed in response to requests from policyholders who wanted their life insurer to provide a service that would allow them to delay major financial decisions during an emotional and vulnerable time.