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Department of Education Recommends Termination of Accreditor
The Higher Education "Industry" takes another hit. US Department of Education recommends killing ACICS:
The department’s extraordinary recommendation to eliminate the Accrediting Council for Independent Colleges and Schools, a large national accreditor that was the gatekeeper for $4.76 billion in federal aid spending last year, follows widespread criticism of ACICS’s oversight of Corinthian Colleges.
https://www.insidehighered.com/news/2016/06/16/education-department-recommends-eliminating-national-accreditor-many-profit-colleges [insidehighered.com]
Recently, accreditation agencies have been insisting on accountability "metrics" to counter accusations of the "worthlessness" of higher education, with the usual neo-liberal assumption that privatization would result in greater efficiency. But it appears that the profit motive may only introduce corruption into academia.
In April the accreditor stepped up its scrutiny of ITT Technical Institutes, a large for-profit chain that is facing a broad range of federal and state investigations, including fraud allegations by the U.S. Securities and Exchange Commission.
Follow-up to the recent discussion of worthless Swedish degrees. https://soylentnews.org/article.pl?sid=16/06/15/0214258 [soylentnews.org]
