How long is too long to wait for a proposal?

Madelyn
I am 20, he is 24. We have been together for 2 years, lived together for 1 year. We both just started college again, he keeps saying "oh I want to wait until we are done with school" which is understandable. Then he goes on saying "oh well if things are going well why do we need to change it with marriage?" I don't know if I've gotten to the point to where I'm being taken for granted and wasting my time. 

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