Three Congressional lawmakers are pushing for a new federal committee that would coordinate the government’s oversight of for-profit colleges. Senators Dick Durbin of Illinois and Tom Harkin of Iowa, both Democrats, plan to introduce legislation Thursday that would create a committee comprising representatives from nine federal agencies that oversee for-profit colleges.
The committee would be tasked with improving the coordination among the various federal and state regulators that are investigating for-profit institutions. It would also publish an annual “warning list” of colleges that have been found guilty of illegal activity or institutions for which the committee otherwise has “sufficient evidence” of widespread abuses. Representative Elijah Cummings, a Maryland Democrat, plans to introduce an identical proposal in the House, but both bills are likely to face fierce opposition from Republicans, who have been critical of the Obama administration’s efforts to more tightly regulate the for-profit industry.
- Federal agencies join forces to regulate for-profit colleges
- In gainful employment fight, for-profits make familiar arguments against different landscape
- For-profit fights resume with new twists on old debates
- Feds move to next step as gainful employment negotiations end in stalemate
- Regulating Private Student Loans
- Gainful employment debate aired out in The New York Times
- Education Department steps up its scrutiny of ITT Tech
- Monitoring the For-Profits
Search for Jobs