International Financial Law Prof Blog

Editor: William Byrnes
Texas A&M University
School of Law

Friday, April 21, 2017

Quis custodiet ipsos custodes? “Who will guard the guards themselves?”

All of us are accountable. Religions hold us accountable to God. Santa Claus makes a list of who has been naughty and who has been nice. Freud tells us about the super ego. Everyone has a watchdog.

Enter accreditation. These organizations are the overseers of the public yet at the same time they are often “family” — faculty and staff from one school looking into the affairs of another CHEA school, and vice-versa. It is this closeness that has drawn the attention of the public and the government. As tuition rises and the ease of employment diminishes, the public wonders what return is gained from the enormous expenditures and high debt. And entrepreneur Peter Thiel is paying young people $100,000 not to matriculate. Read the full CHEA op-ed here.

https://lawprofessors.typepad.com/intfinlaw/2017/04/quis-custodiet-ipsos-custodes-who-will-guard-the-guards-themselves.html

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