Yesterday, by a vote of 303-114, the U.S. House of Representatives passed H.R. 2117, a bill that would repeal state authorization and the definition of a credit hour. The bill will now go to the Senate for consideration where it is not expected to pass with the same ease. Should it make it through the Senate, the President has also indicated that he is opposed to the bill. Thanks to the communications folks at NASFAA, an edited version of the debate is on Youtube at: http://www.youtube.com/watch?v=FgUHmCZNEX4&list=UUgML_YwX9y2408ElRfe9ZyQ&index=1&feature=plcp. You can see how your representative voted at: http://clerk.house.gov/evs/2012/roll079.xml
It is important to remember that this bill does not eliminate state authorization. It does, however, eliminate it from eligibility for federal financial aid. State authorization regulations are state laws, so even if Congress passes H.R. 2117 and the President signs the bill, schools would still be required to comply with state laws in the states where they operate.