This dissertation examines the role of information in influencing both individuals' college outcomes and the productivity of a higher education system. It focuses in particular on large-scale educational reforms that raise different mechanisms than those in the existing literature on the returns to college attendance and college quality. (Abstract shortened by ProQuest.) [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.]