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Taking readers into the homes of middle-class families to reveal the hidden consequences of student debt and the ways that financing college has transformed family life, the author describes the profound moral conflicts for parents take on enormous debts and gamble on an investment that might not pay off.

Produktbeschreibung
Taking readers into the homes of middle-class families to reveal the hidden consequences of student debt and the ways that financing college has transformed family life, the author describes the profound moral conflicts for parents take on enormous debts and gamble on an investment that might not pay off.
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Autorenporträt
Caitlin Zaloom is professor of social and cultural analysis at New York University. She is a founding editor of Public Books and the author of Out of the Pits: Traders and Technology from Chicago to London.
Rezensionen
"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."