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Opinion: College Accreditors Need Higher Standards

The federal government spends more than $180 billion a year to support higher education. But the system created by Congress to determine eligibility for federal dollars virtually guarantees that a portion of this money will be wasted by schools that have abysmally low standards, high dropout rates and, in many cases, saddle students with huge debt in exchange for useless degrees. Congress can remedy this problem by changing the way schools are accredited and by giving the Department of Education more say in the process.