Student Loan Law: 18.4.4.1 Claims Against Private Accrediting Agencies
Consider adding as a party to the lawsuit the private accrediting agency that accredited the defendant school. Although usually nonprofit organizations, these agencies may be an important alternative source of assets, particularly when schools are bankrupt or insolvent. Holding accrediting agencies accountable when they fail to properly oversee institutions they accredit may also improve the quality of accreditor oversight going forward.