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The New York Times editorial board just put the for-profit college industry and Congress on notice

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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.

In the editorial, published in Thursday’s edition, the board wrote that the higher education accreditation system, as created by Congress, produces schools with low standards and useless degrees.

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Source:: BusinessInsider.Com