How the financial pressures of paying for college affect the lives and well-being of middle-class families
The struggle to pay for college is a defining feature of middle-class life in America. Caitlin Zaloom takes readers into homes of families throughout the nation to reveal the hidden consequences of student debt and the ways that financing college has transformed our most sacred relationships. She describes the profound moral conflicts for parents as they try to honor what they see as their highest parental duty-providing their children with opportunity-and shows how parents and students alike are forced to gamble on an investment that might not pay off. Superbly written and unflinchingly honest, Indebted breaks through the culture of silence surrounding the student debt crisis, exposing the unspoken costs of sending our kids to college.
The struggle to pay for college is a defining feature of middle-class life in America. Caitlin Zaloom takes readers into homes of families throughout the nation to reveal the hidden consequences of student debt and the ways that financing college has transformed our most sacred relationships. She describes the profound moral conflicts for parents as they try to honor what they see as their highest parental duty-providing their children with opportunity-and shows how parents and students alike are forced to gamble on an investment that might not pay off. Superbly written and unflinchingly honest, Indebted breaks through the culture of silence surrounding the student debt crisis, exposing the unspoken costs of sending our kids to college.
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"Zaloom's comprehensive exposé of the college-financing industry argues that middle-class Americans are in an unresolvable bind: culturally mandated to ensure 'open futures' for their children, but unable to afford to do so without help, they become ensnared in risky, speculative debt. . . . The facts described here will be familiar to anyone who's heard of the student-debt crisis; the analysis, with its emphasis on the moral dilemma facing middle-class families, will resonate with parents confronting it."