The Economics of Higher Education
http://www.treasury.gov/connect/blog/Documents/20121212_Economics%20of%20Higher%20Ed_vFINAL.pdf
In the wake of growing concerns about the cost and affordability of higher education, this report discusses the current state of higher education, the substantial evidence that higher education attainment results in higher earnings, the importance of education for intergenerational mobility, and the role that financial aid plays in mitigating the cost of higher education. From the Treasury and Education Departments