February 3, 2006

N.Y. Regents Place Moratorium on New or Expanded For-Profit Colleges

By SARA HEBEL

The New York State Board of Regents has placed a moratorium on approving applications for new for-profit colleges in the state and for expanding existing ones.

Merryl H. Tisch, a regent, said the board wanted to review how the state can improve its regulation of such institutions and close any loopholes in the process.

With recent negative publicity surrounding some proprietary institutions in New York and elsewhere, Ms. Tisch said the regents wanted to reassure taxpayers and

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