Posted By LAF Editor on October 2, 2014
The News Story – Marriage rates keep falling, as money concerns rise
A Pew Research Center Report released Wednesday reveals that a record 20% of adults over the age of 25 have never married, and that number is expected to rise to 25% by 2030.
The New York Times reports that at least a part of this marriage decline is due to “the country’s deepening socioeconomic divide.” Women, it seems, still prefer to marry men who are stably employed. “Educated, high-income people are still marrying at high rates and tending to stay married,” reports the Times. “Remaining unmarried is more common among the less educated, blacks and the young . . .” The report also reveals that lack of financial preparedness is one of the main reasons that young adults are foregoing marriage.
But if current research is correct, these couples may be sacrificing the very economic stability they seek in choosing to stay single.
Read the rest here