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Facing declining enrollment, legal issues, and accreditation problems, EDMC closed or sold many of its schools between 2013 and 2017. By 2014, the company's stock had lost 99.9% of its value, and EDMC received a defaulted bond rating (to junk bond status). [4] Moody's credit rating service in January 2015 dropped EDMC to its lowest rating, D-PD ...
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.
The Middle States Commission on Higher Education, abbreviated as MSCHE and legally incorporated as the Mid-Atlantic Region Commission on Higher Education, is a voluntary, peer-based, non-profit membership organization that performs peer evaluation and accreditation of public and private universities and colleges in the United States and foreign higher education institutions.
The Foundation for the Accreditation of Study Programs in Germany or Accreditation Council (Akkreditierungsrat) was created in a KMK resolution on October 15, 2004. [22] The Accreditation Council certifies accreditation agencies and establishes guidelines and criteria for program and system accreditation. [23] There are currently ten certified ...
Obtaining a certificate is voluntary in some fields, but in others, certification from a government-accredited agency may be legally required to perform certain jobs or tasks. Organizations in the United States involved in setting standards for certification include the American National Standards Institute (ANSI) and the Institute for ...
In 1987 the company was renamed the Joint Commission on Accreditation of Healthcare Organizations (JCAHO, pronounced "Jay-co"). [7] In 2007 the Joint Commission on Accreditation of Healthcare Organizations underwent a major rebranding and simplified its name to The Joint Commission. The rebranding included the name, logo, and tag line change to ...