Education experts on ways to improve college pricing and payment

By Stefanie Botelho. The federal government has begun to enforce the gainful employment rule for for-profit and career colleges. They are proposing that colleges where too many graduates can’t repay their loans should be forced out of the federal student aid program. If that kind of regulation were extended, without forcing colleges to publicize a fixed price and without removing their ability to bargain, you could still have competition based on productivity and outcomes. More...