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An educational agency backed by Betsy DeVos just lost recognition for reportedly signing off on a fake college

Betsy Devos

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The Education Department on Wednesday cancelled its recognition of the Accrediting Council for Independent Colleges & Schools (ACICS) for approving a school that reportedly has no faculty or students, but received federal funds anyway.

USA Today conducted an investigation last year that found that although approved by ACICS, Reagan National University in South Dakota did not house any faculty, students, or staff. And while the agency said that Reagan had met its standards during the accreditation process, it declined to say specifically how it verified the college had students and faculty. 

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