This study measures college quality by the amount by which the college adds to the salary of its students above what the median market value would be for the same majors and student quality. Commonly used national rankings of colleges such as U.S. News and World Report or Forbes are heavily biased by a college's average salaries and the quality of…

Education spending mandates are popular around the world, especially among central governments in large, decentralized nations, who find that they may be useful in influencing varied local fiscal behavior. I evaluate Indonesia's education spending mandate policy, which insists that district governments allocate at least 20 percent of their budgets…