President Bill Clinton

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

1998-10-07 00:00:00 +0000 UTC | 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

Riegle-Neal Act Enables Nationwide Bank Consolidation, Mortgage Market Transformation

1994-09-29 00:00:00 +0000 UTC | Importance: 7/10

President Clinton signs the Riegle-Neal Interstate Banking and Branching Efficiency Act, removing Depression-era restrictions that prevented banks from operating across state lines. The law enables massive consolidation in the banking industry, with the number of commercial banks declining from over …

President Bill Clinton Senator Donald Riegle Representative Stephen Neal American Bankers Association NationsBank +1 more banking-deregulation housing-policy consolidation regulatory-capture housing