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U.S. Education Department Recommends Eliminating National Accreditor To Many For-Profit Colleges

The U.S. Department of Education has recommended the termination of a controversial accreditor, which could threaten access to federal financial aid for 243 institutions — many of them for-profits — that enroll more than 800,000 students.

The department’s extraordinary recommendation to eliminate the Accrediting Council for Independent Colleges and Schools, a large national accreditor that was the gatekeeper for $4.76 billion in federal aid spending last year, follows widespread criticism of ACICS’s oversight of Corinthian Colleges.