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Washington D.C. - A risk-based approach, focusing on cases that pose the most risk to consumers, could be a better way for states to authorize postsecondary institutions. Authorizers could set up independent oversight boards, require new entrants to provide basic documentation, and use consumer protections to weed out poorly structured or fraudulent institutions. For the report: www.aei.org/wp-content/uploads/2015/08/Inputs-Outcomes-Quality-Assurance.pdf
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