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CFPB Filing in Accreditation Lawsuit

November 2, 2016

The Consumer Financial Protection Bureau has asked an appeals court to throw out a lower court's ruling that the federal agency lacks the authority to investigate accreditors' oversight of for-profit colleges, Politico reported. The bureau said in an opening brief that it has "ample authority" to pursue accreditors that could be violating federal consumer protection laws. CFPB's lawsuit is against the Accrediting Council for Independent Colleges and Schools, a controversial national accreditor that is facing an existential threat over its approval of Corinthian Colleges and ITT Technical Institutes.

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Paul Fain

Paul Fain, Contributing Editor, came to Inside Higher Ed in September 2011, after a six-year stint covering leadership and finance for The Chronicle of Higher Education. Paul has also worked in higher ed P.R., with Widmeyer Communications, but couldn't stay away from reporting. A former staff writer for C-VILLE Weekly, a newspaper in Charlottesville, Va., Paul has written for The New York Times, Washington City Paper and Mother Jones. He's won a few journalism awards, including one for beat reporting from the Education Writers Association and the Dick Schaap Excellence in Sports Journalism Award. Paul got hooked on journalism while working too many hours at The Review, the student newspaper at the University of Delaware, where he earned a degree in political science in 1996. A native of Dayton, Ohio, and a long-suffering fan of the Cincinnati Bengals, Fain plays guitar in a band with more possible names than polished songs.

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