UPDATE: this story was posted a year ago. It’s interesting that in spite of all known facts, procedures and policies among academic institutions refuse to change. That says a great deal about academia which, one would imagine, would be the most fact driven segment of society and yet, it is not.
NPR has an interesting report on an accreditation agency that clearly has no business being such and showing the underbelly of an industry that exists simply because of the money scheming imagination of its creators.
This could be the beginning of the end for the organization that accredited the now bankrupt for-profit Corinthian Colleges.
On Wednesday, the U.S. Department of Education took a step toward shutting down the Accrediting Council for Independent Colleges and Schools by recommending it not be renewed as an accrediting body later this summer. Founded in 1912, ACICS is one of the country’s oldest and largest college accreditors.
But it recently came under fire after continuing to accredit campuses owned by Corinthian while the for-profit giant lied about graduation rates and used aggressive sales tactics to recruit students.
Corinthian collapsed two years ago, after the government investigated its practices and then froze its access to student aid money. The recommendation issued Wednesday says that ACICS failed to meet federal standards and failed to hold schools accountable.
How many times have these sorts of agencies not done their job and still collected fees from schools and simply not been caught yet. Accreditation: an invention of the 1960’s.