Accreditation Choice and Innovation Act

This bill changes the rules for how colleges and universities get approved, or "accredited," to participate in federal programs like student financial aid. It would let states pick their own organizations, such as industry groups, to serve as accrediting agencies, and it would create a faster path for new accrediting agencies to get approved by the Department of Education. The bill also requires accrediting agencies to measure how well students are doing after school, including how they perform in the job market, and it calls for a panel of experts to create a shared set of terms for accreditation decisions. Finally, it renews and updates an advisory committee that helps the Department of Education with accreditation matters through September 30, 2028.

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