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College debt is a defining characteristic of middle class life in America. In this episode, Caitlin Zaloom joins Julian Zelizer to discuss the impact of debt on families and students, the historic value of education, and explanations behind the rising costs of college. These are all topics of her new book, “Indebted: How Families Make College Work at Any Cost.” Zaloom is the editor-in-chief of Public Books and an associate professor in the Department of Social and Cultural Analysis at New York University. Her research focuses on urbanization, globalization, financial markets, science and technology, and social theory. She also is the author of “Out of the Pits: Traders and Technology.” Zaloom’s work has been recognized by multiple organizations, including the National Science Foundation, and the International Center for Advanced Study.