Friday, April 20, 2018

It Oversaw For-Profit Colleges That Imploded. Now It Seeks a Comeback. - ERICA L. GREEN, New York Times

The organization at the center of one of the largest fraud scandals in the history of for-profit colleges is planning a comeback. The Accrediting Council for Independent Colleges and Schools was stripped of its powers in December 2016 amid the collapse of two for-profit university chains, where tens of thousands of students were encouraged to take on hundreds of millions in debt based on false promises, including jobs after graduation. Now, that same accrediting council is asking to be reinstated by the Trump administration as a federal gatekeeper for hundreds of degree-granting programs and billions of dollars in federal funds. https://www.nytimes.com/2018/04/01/us/politics/for-profit-colleges-accreditation.html