More regulations are coming in 2014 and beyond which will make higher education in the US as one of the most regulated industries.  This regulation is a clear answer and is the response to public outcry of reckless college administrators’ pricing/tuition policies.  AAEA has published many research results which pointed to the need of putting the brakes on these try-and-error practices as well as from colleges’ spending sprees, operational inefficiency and reckless decisions.

Karen Weise of BloombergBusinessWeek reported on her January 2, 2014 article that “On Dec. 19, Senators Jack Reed (D-R.I.), Elizabeth Warren (D-Mass.), and Dick Durbin (D-Ill.) introduced the Protect Student Borrowers Act of 2013, which puts colleges on the hook when students can’t keep up with their loans”.

Our most recent CAR published book shows and discusses the source of college inefficiencies and how these source can be minimized.