Sunday, March 6, 2016

Who’s regulating for-profit schools? Execs from for-profit colleges

Annie Waldman, Pro Publica

College accreditors have come under scrutiny recently for allowing for-profit schools to collect billions in federal aid despite low graduation and high default rates.

Accreditors are supposed to be watchdogs for college quality. They are not government agencies but colleges need an accreditor’s seal of approval so students can qualify for federal loans.

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