Apollo Group (University of Phoenix)

Higher Education Act Reauthorization Loosens Regulations, Enables For-Profit College Explosion

| Importance: 7/10

On October 7, 1998, President Bill Clinton signed the Higher Education Amendments of 1998, a reauthorization of the Higher Education Act that loosened regulations on for-profit colleges and set the stage for the industry’s explosive growth over the following decade. The legislation represented …

President Bill Clinton Congress Apollo Group (University of Phoenix) Career Education Corporation Higher education lobbyists education for-profit-colleges student-debt regulatory-capture deregulation
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