An almost countless number of ideas for revamping accreditation have pinballed around Washington in recent years, as higher education's system of peer-reviewed institutional accountability has been bashed on the one hand for lax oversight of poor-performing institutions and on the other for overregulation and quashing innovation. Many of the ideas are either impractical (because they would cost too much to replace the volunteer-dependent system that is in place now) or politically unfeasible (because they would entail even more government involvement).
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