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<blockquote data-quote="Skeptic" data-source="post: 155839" data-attributes="member: 2175"><p>The ramifications can be catastrophic, although the chance of that happening is remote. But if they jump the traces again in the next year, every school in the university, as Buzz776g said, can lose accredidation. Meaning on the one hand that English degree is now on sale for half price because it was not obtained at an accredited university, meaning in theory that Uncle Bozo could have earned that degree. But in immediately tangible terms, all federal funding and grants are gone, presto, and federally-backed student loans are kaput. Kind of imagine GT with all its federal grant funding for research and development gone. Counter-intuitively, this is probably the best hope for those who want that athletic department cleaned up, and if it means losing NC banners, and being banned post-season in '16 for what is supposed to be an outstanding bkb team, so be it. I know one graduate so furious he wants his alma mater to get the death penalty. But Buzz can give you a more thorough and better response.</p></blockquote><p></p>
[QUOTE="Skeptic, post: 155839, member: 2175"] The ramifications can be catastrophic, although the chance of that happening is remote. But if they jump the traces again in the next year, every school in the university, as Buzz776g said, can lose accredidation. Meaning on the one hand that English degree is now on sale for half price because it was not obtained at an accredited university, meaning in theory that Uncle Bozo could have earned that degree. But in immediately tangible terms, all federal funding and grants are gone, presto, and federally-backed student loans are kaput. Kind of imagine GT with all its federal grant funding for research and development gone. Counter-intuitively, this is probably the best hope for those who want that athletic department cleaned up, and if it means losing NC banners, and being banned post-season in '16 for what is supposed to be an outstanding bkb team, so be it. I know one graduate so furious he wants his alma mater to get the death penalty. But Buzz can give you a more thorough and better response. [/QUOTE]
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