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Wednesday, January 5, 2011
5 New Reasons to Get (or Stay) Married this Year – TIME Healthland
5 New Reasons to Get (or Stay) Married this Year – TIME Healthland: "According to an analysis of the student financial aid statistics released in December in the Journal of Family Issues, parents who are no longer together shoulder a smaller percentage of college costs than those who are. This is only partly a result of the shrinking effect divorce has on wealth; parents who marry someone else and increase their household income still allocate a smaller portion of that income to college costs. A student whose parents are divorced, according to this study, will have to pony up, on average about 58% of all the expenses of going to college. If her parents are remarried, she'll have to scrounge up 47% and if her parents are still together the figure drops to 23%. Plus, if the kid bankrupts herself with student loans, you know where she'll have to live after graduation, right?"
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