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Why America's 20- and 30-Somethings Can't Get Ahead
Doubleday
January 2006
288 pages ISBN: 0385515057 Hardcover
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Non-Fiction
Drowning in student loan and credit card debt? Canβt afford to get married, buy a home, have children? At last, a book for the under-35 generation (and their parents) that explains why it is not their fault.
Strapped offers a groundbreaking look at the new obstacle course facing young adultsβthe under-35 crowdβas they try to build careers, buy homes, and start families. As Tamara Draut explains, getting ahead is getting harder. A college degree is the new high school diplomaβbut it now costs a fortune to get that degree, and students graduate with crippling debts. Good jobs are scarcer thanks to stagnant wages and disappearing benefits. And, the cost of everythingβstarter homes, health coverage, child careβkeeps going up and up. Budding families, even those with two incomes, struggle to pay the bills, while Visa and Mastercard have become the new safety net. Young adults are starting out behind the financial eight ballβborrowing their way into adulthood and wondering whatever happened to the American Dream.
Is this the way things have to be? Not at all, argues Tamara Draut, a leading young commentator and a fresh voice for change. She shows how the obstacle course bedeviling young adults didnβt just happenβit was allowed to happen by a generation of leaders more interested in serving wealthy interests than in investing in the nationβs future. Strapped brims with ideas for a new kind of America where every young person can go to college, buy a home, and start a family.
Strapped will help jump-start a national conversation about where the country is failingβand how we can make it right again.
 Media BuzzColbert Report - May 11, 2009 Talk of the Nation - November 28, 2006 Marketplace - PRI - February 28, 2006 Diane Rehm Show - NPR - February 7, 2006 Diane Rehm Show - NPR - February 6, 2006 Today - January 21, 2006 Lou Dobbs Tonight - January 20, 2006
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