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…

In the first decade of the 21st century, the nation, the states, and colleges and universities began to grapple with the challenges of globalization, changing demography, the implications of the digital era, and of a less expansive public sector. Although not a transformative period for higher education, the decade saw significant innovations in…