In the last few decades, college tuition costs have escalated to what some have described as astronomical levels. This has led to a heavier reliance by college students on alternative sources beyond family financing. Such sources have included grants, scholarships, private loans, federal loans...

Previous measures of the incidence of public investment in higher education focus on the transfer to public college students. This implies that the net benefits to students who do not attend public colleges is negative. However, they miss potential general equilibrium effects on the private...

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...