When Your Kid's College Education Could Wreck You Financially, Should You Pay?

The cost of college has soared. But for many middle-class families, paying for a kid's education has become both a financial and a moral issue.

"We are in a situation where we've forced parents to choose between the values of financial prudence and the values of parenthood, says Caitlin Zaloom, author of "Indebted: How Families Make College Work at Any Cost," and New York University professor of social and cultural analysis.

Zaloom (@caitlinzaloom) talks with Here & Now's Peter O'Dowd about how families should balance their own finances with the desire to open doors for their children.