This document records testimony from a hearing before the Subcommittee on Higher Education and Workforce Development of the Committee on Education and the Workforce that was held to examine lowering costs and increasing value for students, institutions, and taxpayers. Opening statements were provided by: (1) Honorable Burgess Owens, Chairman, Subcommittee on Higher Education and Workforce Development; and (2) Honorable Frederica Wilson, Ranking Member, Subcommittee on Higher Education and Workforce Development. Witness statements were provided by: (1) Michael Horn, Author, Co-Founder of the Clayton Christensen Institute for Disruptive Innovation; (2) Stig Leschly, President and Founder, Postsecondary Commission; (3) Dr. Stephanie Cellini, Professor of Public Policy and Public Administration, and of Economics, George Washington University; and (4) Dr. Andrew Gillen, Senior Policy Analyst, Texas Public Policy Foundation. Additional submissions include: (1) Honorable Virginia Foxx, a Representative in Congress from the State of North Carolina: (a) Letter from the University of Dayton; (b) Testimony dated July 26, 2023 from Lenoir-Rhyne University; and (c) Essay dated March 2023 by Jason Cohn; (2) Honorable Pramila Hayapal, a Representative in Congress from the State of Washington: Article dated July 25, 2023 from PoliticoPro; (3) Honorable Jim Banks, a Representative in Congress from the State of Indiana: Backgrounder dated July 27, 2021 from The Heritage Foundation; and (4) Honorable Joe Courtney, a Representative in Congress from the State of Connecticut: Article from USA Today.