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Drowning in student loans? Cana€™t afford to get married, buy a home, have children? Up to your ears in credit card debt? At last, a book for the under-35 generation that explains why ita€™s not their fault, and what can be done about it. Strapped offers a groundbreaking look at the new obstacle course facing young adults. Getting ahead, argues commentator and policy maven Tamara Draut, is getting harder. A college degree is the new high school diplomaa€“and costs a fortune to obtain. Good jobs are scarcer thanks to stagnant wages and disappearing benefits. And, the cost of everythinga€“starter homes, health coverage, child carea€“keeps going up. Witty and wise, Strapped brims with ideas for fashioning a new kind of America in which every young person can go to college, buy a home, and start a family. The future starts here. From the Trade Paperback edition.some savings, having a child is a major financial commitment and sometimes a crippling one. ... Yet college loans typically take a decade or longer to pay off, and young adults who went the extra mile to get a graduate degree will be paying off an average of $45, 900 in ... Adding the extra expense of a baby to the budget can put them further in the hole financially. ... Just how much does an infant cost?

Author:Tamara Draut
Publisher:Anchor - 2007-01-09


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