When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education
Author: Eaton, Charlie, Howell, Sabrina T. , Yannelis, Constantine on Nov 23, 2017
This paper studies the role of private equity in for-profit higher education.
Private equity and formerly private equity owned schools account for approximately 35 percent of total US for-profit enrollment, which in turn totals more than 2.5 million students per year. Relative to closely-held private firms or diffusely-held publicly traded…
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