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As colleges face mounting student applications, there is little incentive to create new, open seats, let alone seats specifically for low-income students. Yet, with changing demographics, it it becoming even more important to ensure that low-income students are given an equal opportunity to dance.
Faux exclusivity might be good for a school’s endowment or parents’ bragging rights, but it too often encourages families to overpay for education. Applicants may be better served by interactive college guides that let students search according to lifestyle and learning preferences. Nobody wants to walk into Walmart and pay top-shelf prices for store-brand merchandise.
In the most recent Education Outlook, AEI scholar Rick Hess and Taryn Hochleitner explain how the inflation of college rankings contributes to a false sense of exclusivity and rising tuitions.
The number of schools ranked highly in guides such as Barron's Profiles of American Colleges is increasing, without any evidence that these schools' instructional quality is also increasing. Applicants and their families should be wary of letting these rankings serve as the main criteria in their college decisions.
Armed with better data, the theory goes, students and parents will vote with their wallets, putting pressure on low-performing colleges to improve while avoiding direct government intervention. But these provisions are not working nearly as well as intended.
The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry — including experts in banking, insurance, and securities — who meet regularly to study and critique regulatory policies affecting this sector of the economy.
This event has been cancelled due to inclement weather.
At a Capitol Hill luncheon event, Westchester County Executive, Robert Astorino, will present his first-hand experience with HUD's demands to sue localities over common zoning regulations in an effort to dismantle local zoning as it is known today.
AEI's Marilyn Ware Center for Security Studies will host General Mark Welsh III, Chief of Staff of the US Air Force for the concluding session of its series with the Joint Chiefs of Staff.
Join AEI for a discussion of two new policy proposals that address the use of road pricing and public-private partnerships, as well as state efforts to enhance infrastructure and economic competitiveness.
Join AEI for a discussion of professional sports subsidies and — fittingly — for a free lunch.
AEI’s Jeffrey Eisenach will argue in favor of a generic antitrust enforcement model with primary enforcement by the FTC and Jonathan Baker of American University will maintain that an industry-specific regulator like the FCC is needed to work with antitrust enforcers to shape competition in the broadband industry. The debate will be moderated by US Court of Appeals Judge Stephen Williams.