By Andrew Pillow
A few weeks ago, the US department of Ed decided to stop allowing ITT Tech to receive federal funding. Now, keeping with the trend, they have officially stripped the Accrediting Council for Independent Colleges and Schools – the largest accrediting agency of for-profit institutions of higher learning.
US News obtained a portion of the letter sent to the agency:
"I am terminating the department's recognition of ACICS as a national recognized accrediting agency," Emma Vadehra, chief of staff to the education secretary, wrote in a letter to the organization. "ACICS's track record does not inspire confidence that it can address all of the problems effectively."
Regulators had already shut down ACICS in June.
There are still many questions surrounding the decisions including how students of accredited institutions will be affected.
Read more here.