“In January 2014, California’s Bureau of Private Postsecondary Education (BPPE) sent warning letters to at least a half dozen local coding programs. According to VentureBeat, which first reported on the letters, the coding academies were given two weeks to ‘start coming into compliance’ with BPPE regulations. If they didn’t, they risked $50,000 fines and forced closure.  But the supervision these agencies provide also comes with significant costs. In addition to all the paperwork the academies must complete, there will be financial obligations as well: A $5,000 application fee, plus 0.75 percent of their annual tuition revenues, capped at $25,000.”

http://reason.com/archives/2015/04/09/helpful-hackers-vs-college-reg

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