FRANKFORT, KY - Lawmakers say new legislation that created an oversight agency aimed at protecting students of for-profit colleges doesn't apply to many of the schools.

State Reps. Dennis Keene, D-Wilder, and Carl Rollins, D-Midway, told The Courier-Journal that they thought the law would apply to at least some programs at all for-profit colleges. They say they want to bring the legislation up again at the next General Assembly.

Keene said they worked with college representatives on the legislation and they think the issue was mistakenly overlooked. Part of the bill required for-profit colleges to pay fees to fund the new agency called the Commission on Proprietary Education.

Education and Workforce Development Cabinet Secretary Joe Meyer says if the situation isn't rectified, there won't be enough funding to pay for the staff of the new agency.

Daymar College, which has a campus in Paducah and several more across Kentucky, is one of the largest for-profit colleges in the state.