February, 2019

Assessing For-Profit Colleges

  • Jayme Lemke

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • William F. Shughart II

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Most economies advance by simultaneously decreasing costs and increasing quality. Unfortunately, when it comes to higher education, this has been turned on its head. Costs keep rising while quality declines. How has this happened? What can be done?

In this chapter, Jayme Lemke fills a part of this puzzle by assessing for-profit colleges.