Bill Ties For-Profit College Degrees To Grad Rates

Career College Central Summary:

  • New Jersey’s higher education secretary would be allowed to revoke the ability of for-profit colleges to award degrees if they fail to achieve minimum graduation rates under a bill advanced by lawmakers Thursday.
  • The Assembly Higher Education Committee sent it to the full chamber, though some legislative supporters thought the standards in the bill are too tough. The measure has not been introduced in the state Senate.
  • Proponents see the measure as a way to hold for-profit schools accountable.
  • The schools, which include on-line institutions such as University of Phoenix and technical schools such as ITT Technical Institute, have grown in New Jersey and across the country.
  • Assemblyman Joe Cryan, a Democrat who is sponsoring the legislation, says 15,000 to 20,000 students in New Jersey are in the schools’ programs in any semester.
  • “I don’t accept that reasonably well-run institutions can’t do it,” Cryan said Thursday at the hearing.

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