Saturday, September 15, 2012

New Law Excludes Some For-Profit Colleges

{Frankfort, Kentucky}...State Representatives Dennis Keene, D-Wilder, and Carl Rollins, D-Midway, say new legislation that created an oversight agency aimed at protecting students of for-profit colleges doesn't apply to many of the schools, although they thought the law would apply to at least some programs at all for-profit colleges. They say they want to bring the legislation up again at the next General Assembly.  Part of the bill required for-profit colleges to pay fees to fund the new agency called the Commission on Proprietary Education. Education and Workforce Development Cabinet Secretary Joe Meyer says if the situation isn't rectified, there won't be enough funding to pay for the staff of the new agency.