College trustees should be aware of the latest round of federal regulations because they threaten to impose unprecedented government control on colleges and universities. Some regulations signal an expansion of the federal role into a broader effort to improve and monitor quality in higher education. (Author/MSE)

The National Commission on the Cost of Higher Education, appointed by Congress to conduct a comprehensive review of college costs and prices, warns that colleges and universities must contain prices and demystify their financial operations or face a public backlash that could trigger government cost controls. Its report calls for five specific…