- Associated Press - Friday, February 20, 2015

MADISON, Wis. (AP) - A state board that oversees for-profit colleges in Wisconsin that Gov. Scott Walker wants to eliminate plans to meet to discuss the proposal.

The Educational Approval Board is meeting on Friday.

Walker’s budget released earlier this month would eliminate the board that regulates the state’s 244 for-profit degree and non-degree institutions. The board opposes the move, arguing doing so would eliminate all oversight of for-profit colleges and will hurt students.

Walker argues eliminating the board will remove a costly and overly burdensome regulatory process for schools and create efficiencies.

Under his proposal, the Department of Financial Institutions would approve schools that require state authorization to access federal financial aid.

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