Gov. Arnold Schwarzenegger has signed into law a bill that reinstates California’s Bureau for Private Postsecondary Education, which regulates for-profit colleges. The state has depended on a temporary regulatory process since 2007, when the bureau expired after lawmakers failed to agree on how to reorganize it. Under the new law, the bureau will take responsibility for reviewing the institutions’ financial affairs, faculty qualifications, and facilities before granting them approval.
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