Chilean Regulators Say No to Clinton-Backed University
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A Chilean university owned by Laureate Education Inc., a global chain with former President Bill Clinton as honorary chancellor, was stripped of its accreditation, cutting off its access to government loans for new students.
The National Education Council ruled Wednesday it won’t reaccredit Santiago-based Universidad de las Americas, the second-largest university in Chile with more than 33,000 students. The council upheld an October decision by Chile’s higher education accreditation commission, which cited declining academic quality in withdrawing recognition of the university.