North Carolina’s Process for Approving For-Profit Colleges Is Anticompetitive
State authorization policies govern the approval of new schools and degree programs; many of the affected institutions are for-profit, vocational, and online schools. North Carolina is one of several states called out in a recent American Enterprise Institute report for having cumbersome, ineffective authorization policies. The report offers several solid proposals that, if implemented, would reduce for-profit schools’ regulatory burden and open the door for new innovators seeking to expand in the Tar Heel State.