Fang Fang is the associate professor at Institute of Higher Education, Beijing Normal University. She was a visiting scholar of the University of Michigan, and a doctoral student jointly trained by Columbia University and Beijing Normal University. Her main research interests focus on higher education finance, Chinese college entrance examination reform, etc.

Zeyun Liu is the professor at Business School, Beijing Normal University. He was a visiting scholar of Yale University and the Chinese University of Hong Kong, and is currently the Editorial Director of China Economics of Education Review. His main research interests focus on the economics of education and labor economics, etc.