Monday, September 26, 2016
The U.S. Department of Education has stopped recognizing the largest accreditor of for-profit colleges, citing numerous regulatory violations. The Accrediting Council for Independent Colleges and Schools had given its stamp of approval to now-discredited schools such as ITT Tech and Corinthian College, among others.
Students at institutions that had accreditation via will now become ineligible for federal aid unless their schools find another recognized accrediting agency.
You can read more here. Other accrediting agencies should now look to their laurels.