We develop two formal competitive models of the private higher education market focusing on quality and tuition where informational asymmetry is present: one consisting of for-profit universities only, and the other including also private non-profit universities. For both models, we characterize the competitive equilibrium to gain insights into…

Between 2000 and 2010, U.S. public colleges and universities experienced widespread and uneven changes in funding from state and local appropriations. We find that over this period annual decreases in statewide appropriations led to lower public enrollment and higher for-profit enrollment (with no effect on enrollment overall), as well as…

With student loan debt reaching approximately $1.6 trillion, many are concerned that student loans may be the next financial bubble to burst. CARES Act funding and U.S. Department of Education actions led to historically low levels of delinquency in 2020-2021. However, there is concern that issues will balloon as soon as governmental action and…

With student loan debt reaching approximately $1.5 trillion, many are concerned that student loans may be the next financial bubble to burst. They cite students with loans of more than $100,000 and ballooning loan default rates. They contend that borrowing for higher education may not be worth the financial risks. Some even argue that students…

With student loan debt reaching approximately $1.4 trillion, critics are concerned that student loans may be the next financial bubble to burst. They cite students with loans of more than $100,000 and ballooning loan default rates. They contend that borrowing for higher education may not be worth the financial risks, especially for students who…

The Integrated Postsecondary Education Data System (IPEDS) collects institution-level data from postsecondary institutions in the United States (50 states and the District of Columbia) and other U.S. jurisdictions (see appendix A for a list of other U.S. jurisdictions). This First Look presents findings from the provisional data of the IPEDS…

The Integrated Postsecondary Education Data System (IPEDS) collects institution-level data from postsecondary institutions in the United States (50 states and the District of Columbia) and other U.S. jurisdictions. This "First Look" presents findings from the provisional data of the IPEDS fall 2017 data collection, which included three…

This report describes four measures of the price of undergraduate education in the 2015-16 academic year: total price of attendance (tuition and living expenses), net price of attendance after all grants, out-of-pocket net price after all financial aid, and out-of-pocket net price after all aid excluding student loans. Estimates are based on the…

This study examined if and to what extent selected institutional services and special learning and credit opportunities in the 2-year private, for-profit college sector and community colleges in the United States are related to race, socioeconomic status and urbanicity. The researcher evaluated whether the institutional services and special…

The issue of the price and cost of distance education courses has been discussed in the past in numerous publications including the Chronicle of Higher Education and Inside Higher Education. There is a long-held belief among legislators, governors, and other leaders that distance courses should cost less to produce and deliver. To evaluate the…

The Integrated Postsecondary Education Data System (IPEDS) collects institution-level data from postsecondary institutions in the United States (50 states and the District of Columbia) and other U.S. jurisdictions (see appendix A for a list of other U.S. jurisdictions). This "First Look" presents findings from the preliminary data of the…

State policy makers may have assumed that, because for-profit colleges receive up to 90 percent of their funds through the U.S. Department of Education and additional funds for serving military and veteran students, overseeing them is primarily a federal responsibility. But in fact, federal oversight has been demonstrated to be inadequate, and the…

This study examines the labor market gains for students who enrolled at for-profit colleges after beginning their post-secondary education in community college. We use student-level administrative record data from college transcripts, Unemployment Insurance earnings data, and progression data from the National Student Clearinghouse across full…

The problem facing American colleges and universities is larger than even the term "bubble" implies. A bursting bubble would force change on the more than four thousand postsecondary institutions in the United States, but something even more destructive is going to hit higher education, probably at the same time. The major sign that a…

California needs 2.3 million more people with postsecondary credentials by 2025, but that goal cannot be achieved at current college completion rates. Overall, only 32 percent of California college students complete credentials on time. Low-income students are much less likely than higher income students to enroll in or complete college, and these…