I don't think the author is accurate at all with that statement. Outside of the EQUIP initiative that was just launched for the first time in 2016, there is no way to get your students approved for federal student loans (Title 4) unless your institution is accredited. ITT Tech made something like 90% of their revenues from Federal student loans... very predatory.
It's possible ITT tech started without accreditation and they earned it over a half decade period of time ("earning" doesn't ensure quality... it means you jumped through the hoops and haven't deliberately walked away with students money without providing at least the illusion of education)
It's possible ITT tech started without accreditation and they earned it over a half decade period of time ("earning" doesn't ensure quality... it means you jumped through the hoops and haven't deliberately walked away with students money without providing at least the illusion of education)