Abstract Neoliberal discourse has seeped into various practices of higher education and study abroad (SA), emphasizing the value of human capital development through international education and foreign language learning. Applied linguists have been strongly critiquing neoliberal ideologies, and how they reproduce social inequalities. In this study, the examples of Albert, Theresa, and Rebecca, three U.S. undergraduates in Spain, exhibit how elements of neoliberal discourse and the consumerist notion of second language education as a commodity perpetuate social inequalities abroad and at home. These students were part of an ethnographic study (2007–2008) that included 117 U.S. undergraduates enrolled in four academic SA programs in Spain. The stories of Albert, Theresa, and Rebecca are significant because they had traction within their SA cohort. The consumerist notion of education as a commodity was employed as the analytical framework in conjunction with Bourdieu’s concept of capital (1986). This study problematizes the neoliberal logic and the promise of human capital development associated with language learning through SA. It calls for more diversity, equity, inclusion in SA. A social justice pedagogical paradigm is discussed as a valid, alternative approach to help students emphasize humanistic imperatives over individualist imperatives, gain global understanding, and contribute to world justice.