Who is responsible for regulating colleges?

English: Depiction of the Senate vote on H.R. 4872 (the Health Care and Education Reconciliation Act of 2010‎) on March 25, 2010, by state. (Photo credit: Wikipedia)

Senate education committee, considering reauthorization of Higher Ed Act, points to states, the fed, and accrediting agencies.
http://chronicle.com/article/Senate-Hearing-Focuses-on/141767/?cid=at&utm_source=at&utm_medium=en

Related articles

• What You Need to Know About Reauthorization of the Higher Education Act (chronicle.com)
• For-Profit Colleges Aim to Relax Draft Student Debt Rules (bloomberg.com)
• AG: For-profit colleges waste billions in taxpayer money (wave3.com)
• Obama pushes college-cost reform (politico.com)
• Guest Post: Why The Higher Education System Is Unsustainable (i.e. Doomed) (zerohedge.com)
• Health And Higher Education - OpEd (albanytribune.com)
• College Net Price Calculators are not accurate for business owners (costofcollege.wordpress.com)
• Online Student Verification: Is that you? Are you there? (onlinecollege.org)
• Weeds amidst the ivy (blogs.reuters.com)
• Harkin hearings to explore higher higher education costs (thegazette.com)