Millennials coming to the rescue of the great institution of marriage -- thanks to younger couples getting married later, say experts -- the nation's divorce rate is on the decline, dropping by 18 percent between 2008 and 2016.

The researcher Philip Cohen says millennial marriages are more stable because their lives are in greater order when they tie the knot.

"We see people getting married at older ages, people getting married with college degrees already. They are less likely to be already divorced or have children when they get married, both of which are risk factors for divorce."

Here are the takeaways:

  • The University of Maryland study shows that a 35-year-old millennial today is more likely to hit his or her fifth wedding anniversary than a 35-year-old gen x-er was in 2008.
  • The researcher Philip Cohen says millennial marriages are more stable because their lives are in greater order when they tie the knot.
  • "We see people getting married at older ages, people getting married with college degrees already. They are less likely to be already divorced or have children when they get married, both of which are risk factors for divorce."
  • The divorce rate could decline even more in future years as marriages become more selective, rarer and more stable. Recent divorce rate increases have been fueled by the "gray divorce boom" among baby boom

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