Search Page

Accreditors keep hundreds of schools with low graduation rates or high loan defaults alive. Most colleges can’t keep their doors open without an accreditor’s seal of approval, which is needed to get students access to federal loans and grants. But accreditors hardly ever kick out the worst-performing colleges and lack uniform standards for assessing graduation rates and loan defaults.

Zambia's government has decided to scrap its national bursary scheme and replace it with a transparent student loans scheme, following controversies including allegations of corruption that have dogged the bursary initiative for years.

The U.S. Education Department last week proposed new rules that would loosen a ban on incentive compensation for college recruiters and get rid of a financial-aid regulation. The proposal to eliminate the 12-hour rule follows years of debate. Distance-education providers have pushed the department and Congress to throw out the regulation, but others have cited fears that relaxing the rule would lead to fraud.