Book Launch: Indebted by Caitlin Zaloom in conversation with Liza Featherstone

Book Launch: Indebted by Caitlin Zaloom in conversation with Liza Featherstone

Wednesday Oct 02, 2019
7:00 pm - 9:00 pm

POWERHOUSE @ the Archway
28 Adams Street (Corner of Adams & Water Street @ the Archway)
Brooklyn , NY 11201

RSVP encouraged & appreciated.
Please fill out the form at the bottom of this page if you plan on attending. Facebook event found here.

PLEASE NOTE: Submitting an RSVP for this event DOES NOT guarantee entrance. This is a free-access event — entrance will be on a first-come, first-served basis.

About the Book.

College is essential for middle class families, but it is now so expensive that they must turn to investment and debt to cover it. In INDEBTED, NYU Professor Caitlin Zaloom examines how the problem of paying for college affects the lives, relationships, and futures of middle-class parents and young adults. Based on a unique interview study of parents and their college-age children, INDEBTED shows how student debt and the system for financing higher education have transformed family life.

Caitlin Zaloom gained the confidence of numerous parents and their college-age children, who talked candidly with her about stressful and intensely personal financial matters that are usually kept private. In this remarkable book, Zaloom 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 take on enormous debts and gamble on an investment that might not pay off. What emerges is a troubling portrait of an American middle class fettered by the “student finance complex”—the bewildering labyrinth of government-sponsored institutions, profit-seeking firms, and university offices that collect information on household earnings and assets, assess family needs, and decide who is eligible for aid and who is not.


About The Author.

ZaloomCaitlin Zaloom is associate 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. She lives in New York City.