Accrediting Council for Independent Colleges and Schools (ACICS) in the News

Inside Higher Education reports that the accrediting organization Accrediting Council for Independent Colleges and Schools (ACICS), which accredited the now-defunct ITT Tech and Corinthian Colleges, announced yesterday "that the organization faces losses of $2.1 million this year, after the closure of a chain of member colleges and unexpected legal fees." ACICS had lost federal recognition under the Obama administration and then had it returned in 2018. Inside Higher Education also reports that a class action lawsuit has been filed against the Secretary and Department of Education due to the department's restoration of federal recognition for ACICS.