Despite huge subsidies for public schools and opposition by public-school teachers’ unions, the for-profit education industry is growing dramatically, far outpacing the growth of the U.S. economy. Dissatisfaction with public schools, rising household incomes, and other trends suggest that for-profit schools have a bright future.

Joshua C. Hall is a Research Fellow at the Independent Institute and Associate Professor of Economics at West Virginia University.
Richard K. Vedder is a Senior Fellow at the Independent Institute, Distinguished Emeritus Professor of Economics at Ohio University, and author of Restoring the Promise: Higher Education in America.
EducationFederal Education PolicyPublic SchoolsSchool Choice
Other Independent Review articles by Joshua C. Hall
Winter 2022/23 The Future of Higher Education: Prerequisites for Success
Fall 2012 Higher-Education Accreditation: Market Regulation or Government Regulation?
Spring 2009 Prohibitions
Other Independent Review articles by Richard K. Vedder
Spring 2024 Time on the Cross at Fifty
Winter 2022/23 The Best of Times, The Worst of Times...
Fall 2022 Black Liberation through the Marketplace: Hope, Heartbreak, and the Promise of America
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