Getting and keeping accreditation is critical for almost all colleges in the United States. Accreditation is third-party validation that a college meets minimum standards. Not only is institutional accreditation required for participation in federal student loan programs, but without accreditation, it is hard (if not impossible) to be authorized…

This dissertation studies the market for higher education and impacts of higher education policy on the market. In the first chapter, I estimate the short-run elasticity of supply of higher education using the rollout of state merit grant programs as plausibly exogenous variation in student demand for in-state higher education. I find that public…