The American Council of Trustees and Alumni has published a trenchant report on the present system of higher education accreditation. As ACTA observes, โ€œone looks in vain for instances where accreditation has been denied because of low educational value to students.โ€

Robert C. Dickeson, who wrote a report on the same subject for the Secretary of Educationโ€™s Commission on the Future of Higher Education, argued similarly that current accreditation practices are producing neither adequate academic outcomes nor institutional transparency. By way of solution, he proposed that the present system by replaced by a public-private organization to be called the National Accreditation Foundation.

Professor Mitchell Langbert disagrees with this proposal in a piece titled โ€œRegulatory Capture and Dickesonโ€™s Proposed National Accreditation Foundation,โ€ which (as Langbert writes) โ€œdoes not resolve the misalignment of incentives.โ€ Because universities and government would serve on the NAF board, he rightly points out that this โ€œgovernmentally-based accreditation bureau would result in universitiesโ€™ capture of the accreditation process.โ€

Langbert instead proposes a two-fold โ€œconsumer-orientedโ€ and results-oriented solution: โ€œa privately funded Campus Consumers Union modeled after the Consumersโ€™ Union that produces the magazine Consumersโ€™ Reportsโ€ combined with the basing of โ€œaccreditation for federal government purposes (e.g., granting of financial aid) on student performance [as measured by value-added testing]โ€ฆ.โ€

Langbertโ€™s innovative proposal would give students and parents the information they need to evaluate whether campuses are providing high-quality education. His incentives-geared solution makes sense and deserves consideration.