State Attorneys General Encourage Heavier Regulation of For-Profits
Career College Central Summary:
Fourteen state attorneys general have released a letter supporting better federal oversight of for-profit colleges.
The letter is addressed to two Democratic U.S. lawmakers—Sen. Richard J. Durbin of Illinois and Rep. Elijah E. Cummings of Maryland—who wrote legislation that calls for, among other things, the establishment of an interagency oversight committee spanning the nine federal departments that regulate for-profits.
“The bill will provide the federal government with a mechanism by which to hold for-profit colleges more accountable for accepting billions of dollars in taxpayer money,” reads the letter, in part.
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