The head of the Consumer Financial Protection Bureau on Wednesday suggested that college accrediting agencies may fall within the bureau’s jurisdiction.
Responding to Republican criticism of the CFPB’s ongoing investigation involving the accreditation of for-profit colleges, Director Richard Cordray left open the possibility that the consumer bureau would target accrediting agencies themselves.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2015/10/29/cfpb-chief-defends-investigation-involving-college-accreditation
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