State Legislative and Regulatory Update April 23, 2013
In Michigan, legislation (H.B. 4575) was introduced to specify that vocational programs offered by a public or private postsecondary institution are eligible for Promise Zone Authority Act assistance. The Promise Zone Authority Act took effect in 1999 to allow communities having areas of high poverty to create promise zone authorities whose purpose would be to ensure financial assistance for postsecondary education to high school graduates who both live and go to school within the zone's boundaries.
Arkansas Governor Mike Bebe has signed H.B. 1183 into law. The bill, effective 90 days after the adjournment of the legislature, requires:
Finally, the Connecticut House Appropriations Committee approved H.B. 5500 clearing its way for consideration by the full House of Representatives. The bill requires institutions of higher education in the State to provide students with the financial aid shopping sheet developed by the Consumer Financial Protection Bureau and the United States Department of Education.
PSCUs open doors to many of the 13 million unemployed and 90 million undereducated Americans by providing a skills-based education. To remain competitive over the next decade, we must identify between 8 and 23 million new workers with postsecondary skills. PSCUs are a necessary part of that solution, having produced over 800,000 degrees last year alone.