Betting on Education

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A01=Jennifer Estes
Anthropology
Asian Studies
Author_Jennifer Estes
Cambodia
Cambodian Youth
Category=JBSL
Category=JBSP1
Category=JND
Childhood Studies
costly education
costs of schooling
Education
Educational credentials
eq_bestseller
eq_isMigrated=1
eq_nobargain
eq_non-fiction
eq_society-politics
financial returns
forthcoming
global
global logics
investment
learning
middle-class
neoliberal capitalism
paying for education
private school
Public Policy
public school
ROI
rural
rural secondary school students
school expenses
schooling
schools
semi-privatized state education system
Sociology
students
value of education
young people
youth

Product details

  • ISBN 9781978844599
  • Weight: 454g
  • Dimensions: 152 x 229mm
  • Publication Date: 11 Aug 2026
  • Publisher: Rutgers University Press
  • Publication City/Country: US
  • Product Form: Hardback
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Educational credentials are one of the most reliable tickets to a middle-class livelihood across the globe today. But as the costs of schooling rise, young people increasingly wonder whether their investment will pay off. Betting on Education: The Costs of Schooling for Cambodian Youth follows the experiences of rural secondary school students navigating Cambodia's semiprivatized state education system. It reveals that when students are compelled to speculate about the value of their education, the "winners" of this gamble are the ones already most securely part of the middle class. The rest are left behind. In the process, the very meaning of education is transformed, as schooling becomes less about learning and more about its potential financial returns. By situating these stories in the wider global logics of neoliberal capitalism, Betting on Education challenges readers to consider what is at stake when young people must wager so much on the promise of schooling.

Jennifer Estes is a senior lecturer in the Department of Sociology and Anthropology at the National University of Singapore. Her work has appeared in journals including Anthropology and Education Quarterly (2025), Asia Pacific Journal of Anthropology (2023), and Annals of the American Association of Geographers (2022).

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