Council That Oversaw For-Profits Wants a Comeback

The organization at the center of one of the largest fraud scandals in the history of for-profit colleges is planning a comeback.

The Accrediting Council for Independent Colleges and Schools was stripped of its powers in December 2016 amid the collapse of two for-profit university chains, where tens of thousands of students were encouraged to take on hundreds of millions in debt based on false promises, including jobs after graduation.

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