We show that changes in choice architecture have a large effect on student loan decisions while we do not find significant effects of sizeable interest rate changes. We evaluate the effect of two polices implemented in 2010 by the U.S. Department of Education: (1) the requirement that all...

Pressing questions about the merits of market accountability in K-12 education have spawned a large scholarly literature. Unfortunately, much of that literature is of limited relevance, and some of it is misleading. The studies most widely cited in the United States used intense scrutiny of a...

In this paper, we first offer economic arguments in support of greater consideration of user charges to fund public primary and secondary education. Second, to better understand why these economic arguments have not had further influence, a regression analysis shows the factors responsible for...

This chapter was written for a book published in India. The anticipated audience for this paper is generally for residents of India. Reading news reports and some academic commentary in India, I find that private higher education is very readily berated and dismissed. This is surprising to me,...