Education Department Strips Authority of Largest For-Profit Accreditor — from usnews.com by Lauren Camera
The potential death blow follows intense federal scrutiny of the Accrediting Council for Independent Colleges and Schools.
The Department of Education officially stripped the Accrediting Council for Independent Colleges and Schools – the largest accrediting agency of for-profit colleges and universities – of its authority Thursday, handing down the final blow in a long controversy over the council’s ability to be an effective watchdog for students and billions of taxpayer dollars.
“I am terminating the department’s recognition of ACICS as a national recognized accrediting agency,” Emma Vadehra, chief of staff to the education secretary, wrote in a letter to the organization. “ACICS’s track record does not inspire confidence that it can address all of the problems effectively.”
The decision comes after a federal panel voted to shut ACICS down in June amid intense criticism of the council for its loose oversight of educational institutions. ACICS was the accrediting agency for now-shuttered Corinthian Colleges and ITT Technical Institute campuses.