May 24, 2011
Accreditor to Offer New Model That Looks Into Corporate Practices of For-Profit Colleges
Officials from the U.S. Department of Education and Democrats in Congress have been pressing accreditors to ensure that the drive to improve profits at proprietary colleges does not shortchange students or taxpayers.
Now, a national accreditor is developing a process it says will look more intensely at the corporate structure of proprietary institutions and require safeguards against the kinds of abuses that critics allege are rampant.
The Accrediting Council for Independent