Sunday, August 2, 2015

The $150 million question—what does federal regulation really cost colleges? - JON MARCUS, Hechinger Report

In the intensifying debate over whether to reduce federal government regulations on universities and colleges, one number has been at the forefront: $150 million. That’s what Vanderbilt University says a study found it spends each year complying with government red tape: 11 percent of the university’s entire budget. The figure was in a report drafted by the principal higher education lobbying organization, the American Council on Education, or ACE, at the request of the U.S. Senate Committee on Health, Education, Labor, and Pensions. It was the headline of a news release from the committee’s chairman, Republican Lamar Alexander of Tennessee. Alexander cited it again in an op-ed in the Wall Street Journal. http://hechingerreport.org/the-150-million-question-what-does-federal-regulation-really-cost-colleges/

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