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Congressional Report – by Colleges – Claims They’re Over-Regulated

A congressional task force says colleges and universities are overburdened by federal regulation, including requirements that they disclose certain consumer information to students and families.

The task force, appointed by a bipartisan group of senators, consists entirely of 16 present and past university and college chancellors and presidents and representatives of university associations, and the report was produced by the universities’ primary lobbying organization, the American Council on Education.

It found that federal regulations on institutions that share $160 billion in federal money for financial aid are “unnecessarily voluminous and too often ambiguous” and that the cost of complying with them is “unreasonable.”