“Under the current system accreditors generally review every post-secondary institution with the same level of detail and intensity regardless of an institution’s past academic track record. This means that schools with a long and consistent history of superb academic performance are examined the same as schools with much weaker student outcomes. This is a misallocation of resources.
“Institutions with weaker outcomes often need a more careful review than schools with stronger track records that end up almost always being reaccredited to no one’s surprise. A risk-based accreditation process would ensure all schools are subject to a review, but that schools with a strong track record do not need to go through the same extensive and expensive review process as those with weak programs and poor student outcomes.
“At a time when the integrity of the accreditation process has come into question, risk-based accreditation is a common sense approach that would free up the time and resources of accreditors to focus more on the institutions that need greater attention. This would help better protect students and taxpayers by maximizing the time of accreditors.
“As the National Advisory Committee on Institutional Quality and Integrity prepares its formal recommendations to the Department of Education, we urge that it strongly encourage accreditors to move forward with risk-based accreditation, which the Department has deemed worthwhile.”