For-Profit Colleges in California Welcome New Regulatory Agency

For-profit colleges in California will soon be subject to state review and regulation for the first time in more than a year, under legislation Gov. Arnold Schwarzenegger signed into law on Sunday night.

Lobbyists for the colleges had urged Governor Schwarzenegger, a Republican, to sign the bill (Assembly Bill 48), saying the lack of oversight had caused uncertainty and turmoil within

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