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Perils in the Provision of Trust Goods

Perils in the Provision of Trust Goods

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A greater tendency toward predatory behavior is the logical and predictable result of a college’s decision to adopt an investor-owner model. Market-based reforms have the potential to help steer for-profit institutions toward better outcomes for students and taxpayers.
A greater tendency toward predatory behavior is the logical and predictable result of a college’s decision to adopt an investor-owner model. Market-based reforms have the potential to help steer for-profit institutions toward better outcomes for students and taxpayers.

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Published by: Center for American Progress on May 21, 2014
Copyright:Traditional Copyright: All rights reserved

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07/06/2014

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Perils in the Provision of Trust Goods
Consumer Protection and the Public Interest in Higher Education
By Robert Shireman May 2014
 WWW.AMERICANPROGRESS.ORG
  S  S  O C I    D   S  S  /   B  U  C   D I   
 
Perils in the Provision of Trust Goods
Consumer Protection and the Public Interest in Higher Education
By Robert Shireman May 2014
 
 1 Introduction and summary
 2 Market failure in higher education 5 The nondistribution constraint has been effective
 7 Inside for-profit colleges 12 Nonprofits have problems too 14 Solutions under our noses
 16 Front-end market test 19 Back-end market test 21 Disclosure 23 Technology-enabled radical transparency
 25 Conclusion 26 About the author and Acknowledgements 27 Endnotes
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