As with the collapse of the subprime lending industry, the showdown between for-profit colleges and the government shows how the aspirations of the underserved, when combined with lax regulation, make the rich, richer and the poor, poorer. For-profit colleges provide high-cost degree programs that have little chance of leading to high-paying…

According to Census Bureau data, the gap in after-tax income between the richest 20 percent of American households and the rest of the nation hit its widest point in 1984. The top fifth of U.S. households received 42.3 percent of all after-tax income that year, a gain largely at the expense of middle income households. Since 1980 the share of…

The Anchor Test Study provides a method for translating a pupil's score on any one of eight widely used standardized reading tests for Grades 4, 5, and 6 to a corresponding score of any of the other seven tests, as well as furnishing new nationally representative norms for each of the eight tests. In addition, the Study presents new estimates of…