For purposes of this act, a “for-profit school” shall mean, an educational company doing business to make a profit, commonly referred to as career college, private occupational school, proprietary school, trade school or online university.
There shall be a special commission established pursuant to section 2A of chapter 4 of the General Laws to study and investigate the advertising and lending practices of for-profit schools doing business in the commonwealth. The commission shall consist of 2 members of the house of representatives, 1 of whom shall be nominated by the minority leader, 2 members of the senate, 1 of whom shall be nominated by the minority leader, the attorney general or a designee, the secretary of education or a designee, the commissioner of higher education or a designee and 4 members to be appointed by the governor, 1 of whom shall be a representative of a for-profit school doing business in the commonwealth and 1 of whom shall be a student of a for-profit school doing business in the commonwealth. The members of the commission may elect a member to serve as chair. As part of its report, the commission shall include recommendations for legislation aimed at protecting consumers from predatory lending and misleading advertising practices of for-profit schools.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.