On Monday, after reporting on the closure of an online community college partnership, I tweeted the story to Slate’s Matt Yglesias, hoping he might recognize higher education accreditation as one of those areas where an economic policy idea can “transfer economic resources from a privileged minority to the masses.”
Matt thoughtfully and politely replied: “Sounds bad. Note that accrediting organizations aren’t proper regulators at all — hyper-empowered private cartel enforcers.”
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