Report indicates student loan debt contributes to divorce

On Behalf of | Aug 16, 2018 | Divorce, Firm News |

Romantic comedies and fairy tales would have audiences in Nebraska believe that once a couple walks down the aisle together and says their wedding vows, the couple has made it through the hard part of their relationship and are destined to live happily ever after. Unfortunately, these fictional portrayals are rarely a reflection of reality. Often couples struggle with a variety of issues following their marriage, sometimes resulting in a divorce.

In fact, a recent report published by a website that addresses ways to cope with student loans addresses some of the complications that debt can have on a relationship. Specifically, the reports claims that student loan debt can impact overall happiness in a marriage. Approximately one out of eight couples indicate that student loan debts played a role in their divorce.

Debt — not just student loan debt — can have a heavy toll on a relationship. Often, it prevents couples from purchasing a home or causes them to delay starting a family. While marriage can be difficult enough as it is, this stress can create added burdens.

In the glow of a happy relationship, some couples may not be able to accurately evaluate how certain factors will impact their marriage. Unfortunately, issues such as debt could ultimately take their toll. Taking certain measures in advance, such as creating a prenuptial agreement, can help both parties fully understand each others’ financial situation and determine how both debt and assets will be distributed if a divorce occurs. An attorney with experience with such issues can help individuals about to marry in Nebraska fully understand their options and ensure that their interests are protected.