Tuition and fees for higher education have increased at a rate much higher than inflation over the past 40 years. Although the amount students pay has risen much less than listed tuition, net price also continues to increase faster than inflation. Taxpayer-funded subsidies to higher education...

Chapter 1 examines Education's role in: (1) recognizing accrediting agencies, (2) overseeing the financial condition of schools, and (3) overseeing schools' student loan default rates. Chapter 2 discusses (1) how Education oversees the financial condition of schools; (2) the extent to which...