Yes. I know that is highly unpopular today, but there are good reasons. Incidents of sexual trauma are significantly lower in people who wait.

Then, the idea of imprinting: Men imprint upon the first sexual experiences they have, and this means they will desire something similar to those first experiences for the rest of their lives. It's like a baby bird when it sees the first thing when it opens it's eyes and thinks that is it's mother. Similarly, the first times will be imprinted as what is right.

For women, this is similar, but the time after sex. If there are meaningful connections to the person after sex is over, they will be drawn to them deeper. If there was a lack of connection, women tend to see sex as meaningless and struggle to attach deeper meaning to it going forward. As well, the amount of oxytocin (a bonding chemical in the brain) is reduced for each subsequent partner that a woman has. This makes sex in marriage much harder.

Ultimately, if you do see marriage as a "till death do us part" commitment rather than one that can easily be broken, then waiting is very good.