The research question of this study was: How do the lack of cultural capital and the demand for academic credentials dictate educational opportunities and the enrollment of vulnerable student populations at for-profit schools? This study examined the enrollment of students, especially those of lower-socioeconomic status in for-profit schools. The…

Chapter 1: In response to tightened budgets and concerns about higher education costs, governments have introduced rules to limit the use of publicly funded aid, particularly at for-profit colleges. In this paper, we use an event study framework to estimate how tuition, enrollments, and loan use changed at for-profit colleges that became…