When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education
NBER Working Paper No. 24976
---- Acknowledgments ----
We are grateful to discussants Pierre Azoulay, Michael Ewens, Jonah Rockoff, and Richard Thakor and also for comments from Raji Chakrabarti, Francesca Cornelli, David Deming, Michael Dinerstein, Michael Ewens, Caroline Hoxby, Will Gornall, Arpit Gupta, Justine Hastings, Steve Kaplan, Larry Katz, Theresa Kuchler, Alexander Ljungqvist, Holger Mueller, Thomas Philippon, Larry Schmidt, Antoinette Schoar, Albert Sheen, Doug Staiger, Lesley Turner, Jeff Wurgler, David Yermack and seminar participants at the NBER Labor Studies and Education Summer Institute, MIT Sloan, Harvard Business School, Yale School of Management, Berkeley Haas School of Business, The Federal Reserve Bank of New York, the NBER Entrepreneurship meeting, the FMA Napa Conference, the SFS Cavalcade, and NYU Stern. We are also grateful to Suzanne Chang, Dalya Elmalt and Katerina Nikalexi for superb research assistance. Sabrina Howell thanks the Kauffman foundation for generous financial support, and thanks the Stern Infrastructure Initiative for Preqin data. Constantine Yannelis thanks the Fama Miller Center and the Becker Friedman Institute for generous financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.