Critics blame accreditation for many of the (often conflicting) problems they see in higher education. But the agencies will likely endure, in large part because any replacement would give the feds much more power.
Lumina Foundation creates a group to develop a framework and common language for the growing number of credentials, which range from degrees to alternative forms like badges and industry certifications.
SEC charges ITT and top two executives with fraud, alleging they misled investors about huge losses in lending programs. Embattled company asks regulators not to run with fraud allegations until the court rules on them.