The Education Department on Thursday moved to shut down the nation’s largest accreditor of for-profit colleges, which had stood watch as failing institutions like Corinthian Colleges and ITT Technical Institute teetered on a pileup of fraud investigations.
The Accrediting Council for Independent Colleges and Schools — known as A.C.I.C.S. — is one of a few dozen different organizations charged with maintaining standards and quality at the country’s more than 5,400 higher education institutions.
Read more at The New York Times: https://www.nytimes.com/2016/09/23/business/government-moves-to-close-a-watchdog-of-for-profit-colleges.html
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