From the recently-released American Council on Education (ACE) report, “Assuring Academic Quality in the 21st Century: Self-Regulation in a New Era,”
Voluntary accreditation has served higher education well in this
country for more than a century. But in an era of global competition
and increased demand for public accountability, we must ensure that
accreditation is more than adequately discharging its public responsibilities
and benefitting from the systematic review and attention that
will preserve the best of this historic approach.