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Financial aid gatekeepers may be getting new gates of their own

November 6, 2015

Via: itCurated

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Earlier this summer, a video about college accreditors went viral — or at least as viral as a video on an obscure higher education policy topic can go.

In the video, Sen. Elizabeth Warren (D-Mass.) grills Albert Gray, the president of the Accrediting Council for Independent Colleges and Schools, which allowed the for-profit college chain, Corinthian Colleges, to maintain its accreditation “right up to the minute they closed,” as Warren puts it.

“How many federal and state agencies need to file lawsuits against one of your colleges before your organization takes a second look at whether that school should be eligible for accreditation and most importantly for federal money?,” she asked Gray during the hearing.