The Wisconsin Education Approval Board, which oversees all for-profit colleges located in the state and any online-learning programs offered to its residents, may require that those institutions achieve specific performance standards in order to operate within Wisconsin. Specifically, that board is proposing to require that at least 60 percent of a college鈥檚 students complete their studies within a certain time-frame and at least 60 percent of its graduates have jobs.聽 Public universities and private nonprofit colleges are not under the board鈥檚 jurisdiction and would therefore be exempt from the requirements.
The board already collects and publishes data on its institutions. According to those reports, average completion rates fell from 82 to 59 percent over the last six years and the percentage of graduates who were employed during a given year dropped from 44 to 22 percent (in the same time frame).
reports that the board is basing its standards on what they believe “Wisconsin consumers would find ethical, responsible, and acceptable for institutions choosing to enroll them.” However, for-profit colleges have already submitted letters to the board arguing that the proposed standards are 鈥渁rbitrary and should not be broadly applied to a diverse set of programs, which often enroll underserved populations.鈥�
While the federal government鈥檚 鈥溾�� rule is similar to Wisconsin鈥檚 proposal, it is unusual to see a state attempt this type of regulatory system. Some states have increased their requirements for online and for-profit institutions鈥攂ut Wisconsin鈥檚 proposal is especially aggressive. For-profits that wish to operate in Washington must receive authorization from the , which considers institutions; 鈥渇inancial stability, business practices, academic programs, and faculty qualifications鈥濃�攂ut does not yet hold them to specific graduation or employment standards.
On Wednesday, Wisconsin鈥檚 board voted unanimously to postpone a final decision until a team made of board members, representatives from colleges and universities, and State legislators can review the proposal more thoroughly.聽 The team is scheduled to make recommendations to the board in June of 2013.