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More than half a million students could be attending 'significantly subpar' for-profit schools

Just weeks after ITT Tech's demise, one of the largest school closures in US history, The Department of Education (ED) voted to remove recognition from the for-profit school's accreditor, the Accrediting Council for Independent Colleges and Schools (ACICS). Accreditation agencies are essentially gatekeepers of federal dollars. They review of courses and programs to ensure a school meets their educational standards, which then makes a school eligible to accept federal student aid.
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