Previous research showed that the Great Recession of 2007-2008 had negative effects on student test scores. These declines were linked, in part, to the negative effects of states' educational budget cuts or less spending per student. Using individual student test scores, this paper examines whether the level of school quality (as measured by…

Studies on the cyclicality of higher education examine the relationship between variations in labor market conditions and changes in enrollment. While the majority of the existing literature implicitly assumes an elastic supply of enrollment, this study identifies institutions with supply constraints and investigates how those constraints have…

Employability of graduates has taken more prominence in recent years due to the bleak economic situation, the impact of student debt, and an increasingly competitive global labor market. Given the substantial individual and public investment made in higher education, it is particularly important that graduates are employable upon graduation. The…

In January, when Dr. Teresa Sullivan became the first woman selected to become president of the University of Virginia, expectations were that the noted sociology professor and provost and executive vice president for student affairs of the University of Michigan would ease into her job in bucolic Charlottesville. When she took over in August,…