Selling postsecondary education

The “product” of PCCs is viewed as part of the overall training and education system of the country, most of which is a public institution. [...] The review poses fifteen questions, ranging from “What types of training should be regulated by government?” to “How should marketing and advertising be regulated?” In general, the questions address matters of market failure as a result of imperfect information for consumers, the financial stability of the sector, and methods of regulation and insurance to protect consumers (students). [...] The section on public policy will explore the question of whether the regulations are excessive or insufficient to ensure these institutions operate in the best interests of their students and of society. [...] The amount of this contribution is on a sliding scale according to the the number of continuous years the school has been in operation (for a new school, the fee is 0.75 percent of total tuition; it declines to 0.15 percent if the school has been registered continually for more than 16 years). [...] In addition, the director can undertake an evaluation of the quality of programs or courses at any school by visiting the institution, conducting a survey of current or past students, or establishing a panel of employers to review the program quality of an institution.