The author reviews issues affecting research universities, particularly private ones. He discusses the phenomenon of the deep underpricing of services that has long been a characteristic of American universities as well as the tradition of a decentralized and diversified higher education system. The author then discusses the federal role in education in recent years, with respect to the growing number of regulations, specifically the State Postsecondary Review Entities (SPRE's) authorized by Congress in the 1992 Higher Education Amendments. He argues that the SPRE's go far beyond Congressional language intent and would create additional costs for institutions.
Journal of Student Financial Aid: Vol. 25
, Article 2.
Available at: http://publications.nasfaa.org/jsfa/vol25/iss3/2