Accreditor Takes a Tougher Look at Sales of Colleges

Before 2008, the Higher Learning Commission of the North Central Association of Colleges and Schools had a reputation as an accreditor that allowed flexible standards for the burgeoning for-profit education industry, which has rapidly attracted both students and the federal grants and loan dollars they use to pay tuition.

But this week, the regional accreditor, which counts many of the largest for-profit education companies among its members, showed that it was serious about changing