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Senate panel releases package of bills to tighten oversight of for‑profit colleges, including phase‑out of TAG funding
Summary
A New Jersey Senate committee on higher education voted to release a package of bills to increase oversight of proprietary colleges, including S3668 to phase out state Tuition Aid Grants for some for‑profit institutions and companion measures on borrower notices and a student recovery fund.
A New Jersey Senate committee voted to advance a package of bills aimed at increasing transparency and accountability for proprietary (for‑profit) institutions of higher education, including a measure to phase out state Tuition Aid Grants (TAG) for some proprietary schools.
Senators voted to release Senate Bill S3668, which would phase out state TAG funding for students enrolled at certain proprietary institutions and redirect funds to the state summer TAG program, after more than two hours of testimony. The committee chair said the bill will be refined with metrics in the budget committee before final action. Senator Singer and Senator Amato recorded No votes; Senators Cruz Perez and McKeon left affirmative votes and Senator Kryon voted Yes. The motion to release passed.
Why it matters: The bills are intended to change how state…
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