This is why the "watchdog" needs a watchdog.
"Despite receiving over $150 billion in federal grant and student loan dollars every year, higher education is largely a self-regulated industry. Instead of directly determining whether colleges are good enough for federal funding, the government outsources that decision to private accreditors, which are governed and financed by colleges themselves. Accreditors set and enforce their own standards. For-profit colleges that operate nationwide can shop around to find the accreditor with the easiest" terms.
Derek Fitzhenry
Read full article HERE
