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The American system of higher education includes over 5,000 degree granting institutions, ranging from small for-profit technical training schools up to the nation's elite liberal arts colleges and research universities. Over 20 million students are enrolled, with federal, state, and local governments spending almost 3 percent of GDP on higher education. Yet how can we evaluate the effectiveness of such a large, fragmented system? Are students being adequately prepared for today's labor market? Is the system accessible to all? Are new business methods contributing to greater efficiency and better student outcomes? In Higher Education Effectiveness, editors Steven Brint and Charles Clotfelter...