The battle between a national accrediting organization overseeing many for-profit colleges and the Consumer Financial Protection Bureau is now making its way through federal court.
The Accrediting Council for Independent Colleges and Schools, known as ACICS, argued in a court filing late Tuesday that it shouldn’t have to turn over records to the CFPB because the agency lacks jurisdiction over college accreditors.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2015/12/04/accreditor-fight-cfpb-moves-federal-court
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