A new study has revealed that men and women are tying the knot very late in life and there are many disadvantages to this trend.
The University of Virginia's National Marriage Project discovered that the average age when men got married was 28.7 and 26.5 for women.
The study also found there were high rates of depression and alcohol abuse among the unmarried lot. They also appeared a bit discontented with their lives as compared to their married peers.
More than 90% of young adults wished to be financially independent before they get married. Some unmarried women were found to earn much more than their married counterparts.
A 2012 study by economic forecasting firm IHS Global Insight found that increasing college debt was one main reason for young people to put off getting married or delaying marriage. Some of them were very scared to take the plunge for fear of commitment, failure and divorce.