The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
The private for-profit sector of higher education has seen unprecedented growth over the past decade, and its market share is at an all-time high. Given its growing importance, it is essential to understand the evolving role of this group of institutions in the higher education landscape. How has enrollment in for-profits grown and did this change during the Great Recession? What are their tuition levels? To what extent do their students rely on Pell grants and student loans? A series of interactive visuals casts light on these questions.