Senate unanimously votes to enact Vitelli bill to hold for-profit colleges accountable
AUGUSTA — The Maine Senate voted Thursday to enact legislation from Assistant Senate Majority Leader Eloise Vitelli, D-Arrowsic, that would ensure for-profit colleges operating in the state of Maine meet basic education standards. LD 103, “An Act To Ensure the Integrity of For-profit Colleges” received unanimous, bipartisan support.
“This bill would provide consumers and students with the information they need to make a financially sound investment in their future,” said Sen. Vitelli. “I’m glad that this bill has received such resounding, bipartisan support in the Senate.”
The bill would require an annual review of for-profit colleges by the Commissioner of Education to ensure that they are meeting adequate educational standards. If the board finds that a for-profit college or university is not meeting the standards, the board may terminate the degree-granting authority of that school. For-profit colleges and universities, like their public and non-profit counterparts, will have to report to the commissioner on a variety of metrics including how much money is spent on instruction, graduation rates, loan status of graduates and employment status of graduates.
The bill now goes to the office of Gov. Janet Mills. The governor has 10 days to either veto the bill, sign it, or allow it to become law without her signature.