Armona, Luis; Chakrabarti, Rajashri; Lovenheim, Michael F. - 2017
For-profit providers are becoming an increasingly important fixture of U.S. higher education markets. Students who … default than students attending similarly selective public schools. Because for-profit schools tend to serve students from …-profit institutions. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given …