"I am terminating the department's recognition of ACICS as a national recognized accrediting agency," Emma Vadehra, chief of staff to the education secretary, wrote in a letter to the organization. "ACICS's track record does not inspire confidence that it can address all of the problems effectively."
http://www.usnews.com/news/articles/2016-09-22/education-department-strips-authority-of-acics-the-largest-for-profit-college-accreditor