Paycheck paralysis

January 26, 2006 | | CNN Money |
In her book, "Strapped: Why America's 20-and 30-Somethings Can't Get Ahead," Draut cites a number of hindering factors. Key among them: debt coupled with paycheck paralysis.
 
Draut and others have argued that the college degree today has become the equivalent of the high-school degree of yesteryear: a requirement to secure a middle-class income.