Accreditors evaluate schools on factors such as their mission, finances, staff, quality of classes, student-teacher interactions and enforcement of a code of conduct. The process can take several years. It’s a way for schools to justify their worth and also find areas for improvement.
Horn’s group wants to shift the focus to actual outcomes. Did the student master the course work? Did they find a job, or receive a salary boost? Are they satisfied with the program?
The larger context of the article claims that the classical education system is like bundled cable TV, while new bookcamp-like code academies are Netflix. I am uneasy about this analogy, because I don't think colleges and bootcamps actually deliver the same service, but I can see the logic.
Regarding the accreditation excerpt above, my suspicion is that if colleges were suddenly evaluated based on third-party tested outcomes, the number of admitted students would plummet relative to their current levels, and recruitment competition would become extreme.
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