What Happens to Student Loan Debt When You Get Married or Divorced?
Here are some facts: There were about 2.4 million weddings in 2022, meaning that 4.8 million people got married. Meanwhile, more than 43 million people in America are carrying student loans totaling nearly $1.8 trillion. It's easy to see that plenty of people with student loans are getting married.
Not all marriages last, though: It's estimated that in America, between 35% and 50% of first marriages end in divorce. In 2021, there were close to 700,000 divorces. So it's reasonable to assume that plenty of people getting divorced are still saddled with student loans.
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Source Fool.com
