Emerging Path to Federal Aid - Paul Fain, Inside Higher Ed

Political support is building for a system to encourage and oversee higher education upstarts that don't look or act like colleges, such as online course providers and coding boot camps. And these emerging players soon may have a pathway to accreditation and even federal financial aid eligibility, albeit in limited or experimental form. There are many differences among this group, which includes Udacity, General Assembly, StraighterLine and other noninstitutional providers. But none of these companies offers degrees or operates within the heavily regulated confines of traditional colleges. https://www.insidehighered.com/news/2015/04/09/political-pressure-builds-new-accreditation-and-aid-pathway-upstart-providers