Caroline Hoxby
Scott and Donya Bommer Professor in Economics


  • Business of education
  • Charter schools
  • School choice

Caroline Hoxby is the Scott and Donya Bommer professor of economics at Stanford University and the director of the economics of education program at the National Bureau of Economic Research. Before moving to Stanford in 2007, she was the Fried professor of economics at Harvard University. In her best known work, she explains the rising cost of college, universities’ endowment policies and the economics of online higher education. Her study of New York City’s charter schools is the largest randomized evaluation of how charter schools affect achievement. The methods she pioneered for studying the causal effect that students have on their peers have been widely followed by other researchers. Hoxby has been a presidential appointee to the National Board of Education Sciences. Honors include Smithsonian Institution’s Ingenuity Award, the Thomas B. Fordham Prize for Distinguished Scholarship in Education, Global Leader of Tomorrow from the World Economic Forum, and a National Tax Association award, among other recognitions. She has a doctorate from the Massachusetts Institute of Technology, studied at Oxford as a Rhodes scholar, and obtained her bachelor’s degree from Harvard University.