Recent reports issued by the Commission on the Future of Higher Education suggest it is looking at a national accrediting body to replace the regional accreditors. While the Commissioners are surely right to acknowledge the failure of the current system, a better solution would be to de-couple accreditors from the federal student loan program altogether. In the book, Can College Accreditation Live Up to its Promise?, ACTA outlines the serious deficiencies of the accreditation system and some solutions. There we point out that the federal government