Thanks for your input. It looks like Utah was trying to do something about the problem.
http://www.journalofnursingregulation.com/article/S2155-8256(15)30215-5/pdf
By the way, Marco Rubio’s campaign promise is to loosen up federal requirements for accreditation of for-profit colleges, so it is easier for them to absorb more federal grants and loans. He says it will spur innovation.