For nearly 20 years, the California Postsecondary Education Commission has been actively involved in the development of a strong and vigorous private postsecondary and vocational education presence in California. The private postsecondary sector serves some 412,000 students seeking an education beyond high school. Following a period in the early and mid 1980's, during which California earned a reputation as a haven for so-called "diploma mills", the Commission sponsored the Private Postsecondary and Vocational Reform Act of 1989. This law established the Council for Private Postsecondary and Vocational Education as the single State agency responsible for reviewing and approving private postsecondary institutions in California. A "sunset" review and evaluation of the Council was also required. This report contains the recommendations of that review. Among the most important findings were that the Commission concluded that the Act should be extended indefinitely beyond its original 1998 repeal date. This report also gives an overview of the original Act, reviews and evaluates its effectiveness, provides specific recommendations for future action relating to inter-agency cooperation, and continued oversight of for-profit institutions to assure quality and prevent fraud, and suggests revisions in the Act. (JLS)