Is this a rhetorical question or do you actually want to know? The way you've phrased the question makes it seem like you've already decided what your opinion

Is this a rhetorical question or do you actually want to know? The way you've phrased the question makes it seem like you've already decided what your opinion is. BPPE requires programs like these to assess $0.50 per $1,000 charged to students who are California residents. These assessments go into a state-wide "Student Tuition Recovery Fund," which is used to mitigate economic harm to the student in a variety of situations where the school might refuse or be unable to, e.g., the school closes mid-class. See http://www.bppe.ca.gov/lawsregs/regs.shtml#76020 http://www.bppe.ca.gov/lawsregs/regs.shtml#76020 for the full list. Programs like this charge students $10k-$20k, so we're talking $5-$10 assessed per student. This is like a very lightweight version of a surety bond. There are other fixed and variable costs related to complying, but (AFAIK) this is the only money that flows into the state's pockets.