Kate Elengold on the Investment Imperative

In this episode, Kate Sablosky Elengold, Assistant Professor and director of the Consumer Financial Transactions Clinic at UNC School of Law, discusses her scholarship on the Investment Imperative, a term she coined. Kate identifies the investment imperative "as the widely-held belief that higher education is necessary to increase one's financial prosperity and social standing in America." She argues that the investment imperative drives and distorts student decisions to attend institutions of higher education and to debt-finance their educations. In particular, she suggests that students fail to consider the return on investment of their college attendance decisions and that the investment imperative creates feelings of fear and shame in students when their expectations are not matched by reality. Elengold's article, The Investment Imperative, is forthcoming in the Houston Law Review and is available on SSRN. Elengold is on Twitter at @kateelengold. This episode was hosted by Matthew Bruckner, Associate Professor of Law at Howard University School of Law. Bruckner is on Twitter at @Prof_Bruckner. Hosted on Acast. See acast.com/privacy for more information.