Financial Empowerment Lab NYC

Financial Empowerment Lab NYC is a new “hands on” course at Columbia University for business and law students, being developed by Professors Stephen Zeldes and Ed Morrison that will launch in Spring 2025 (running mid-January through late April). The course will focus on financial health and empowerment in underserved NYC communities, including Harlem and Washington Heights. Teams of 3-4 students each will partner with local non-profits and Community Development Financial Institutions (CDFIs) on a semester-long project that will culminate in a pre-specified deliverable. In the process, students will be exposed to clients of the organization, develop a better understanding of the financial and legal challenges facing underserved populations, and work on a project that will help the organization better fulfill its mission. This course emphasizes practical learning, innovative problem-solving, and strategic collaboration, enabling students to apply their skills in a meaningful context that contributes to economic justice and positive social change.