Federal education officials are deciding whether to shut down the nation's biggest accreditor of for-profit colleges over allegations that it overlooked deception by some of its schools.
The Accrediting Council for Independent Colleges and Schools is meant to be a watchdog for hundreds of for-profit schools, wielding the stamp of approval that colleges need to receive federal money. It's one of many accreditors authorized by the U.S. Education Department to ensure the quality of schools. But the nonprofit is being accused of employing lax standards and failing to stop schools from preying on students.
Read more at The Associated Press: http://bigstory.ap.org/article/21f8481883144f4b85edd03337def233/feds-consider-whether-shut-profit-college-watchdog