The National Advisory Committee decision will impact 8, 00 000 students of the schools and Independent colleges accredited by the ACICS.
Anthony Bieda, executive in charge said that "For better or worse we have become the subject of intense political and public scrutiny. We believe many of the public comments directed to ACICS are not well founded."
The Private sector education industry statement stated that stripping of ACICS authority would harm the post-secondary vocational training in the United States.
The United States department of education gives power to 37 accrediting agencies such that schools can have access to federal student loan system.
The ACICS approved 725 institutions last year which granted $3.3 billion financial aid to the schools and independent colleges.
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