New York Times Condemns For-Profit College Industry and CongressOctober 21, 2016 | :
by Abby Jackson
The New York Times editorial board published a blunt condemnation of the role that both college accreditors and Congress have played in allowing subpar schools to hurt students and shoulder taxpayers with the burden of repaying defrauded students’ loans.
Accreditation agencies are essentially gatekeepers of federal dollars. They review courses and programs to ensure a school meets their educational standards, which then makes a school eligible to accept federal student aid.