Higher education, a large and highly regulated industry, is under substantial pressure in the United States to both reduce costs and increase output. Can the non-profit sector (both public and private) learn from how for-profit institutions operate? Topics addressed will be: • How different, really, are non-profit vs. for-profit colleges? • Does having shareholders lead to more innovation? Less quality? More fraud? • What practices from for-profits are transferable to non-profits - and should they be? Kris Chase is a Professor of Economics in the Graduate Business Programs at Saint Mary's College of California in Moraga. At Saint Mary's since 1985, she has served as Economics Department chair, Business School dean and from 1999-2003 was the CFO and VP for Administration. With a specialty in banking and monetary policy, Dr. Chase's research has focused on banking competition and regulation, in addition to the economics of higher education. She was the founding director of the Center for the Regional Economy at Saint Mary's. Dr. Chase is a frequent member of accreditation teams for the Western Association of Schools and Colleges (WASC), serving as the financial and governance expert on teams. She received her Ph.D. in Economics from the University of Maryland, College Park. Dr. Chase is a native of Northern California, growing up in Redwood City.