There is a new and surprising reason not to take on too much college debt.
This is a significant number. Almost 39 million U.S. adults had student loan debt at the end of 2012 – 70 percent more than in 2004, according to statistics from the Federal Reserve Bank of New York.
Financial stress and difficulties remain a leading cause of divorce. CFLGSD member Myra Chack Fleischer of Fleischer & Associates wrote about the impact of these statistics from a family law attorney’s perspective in her regular column for Communities at Washington Times.