were called to this regulatory service to prevent the squandering of federal student aid
dollars through diploma mills or colleges that did not meet the standards of accreditation
after the Servicemen‘s Readjustment Act of 1944. Not many years later, ―…the 1952
legislation designated the existing peer review process [used by accrediting agencies] as
the basis for measuring institutional quality; GI Bill eligibility was limited to students
enrolled at accredited institutions included on a list of federally recognized accredited
institutions published by the U.S. Commissioner of Education‖ (Council of Higher
Education Accreditation, 2006, p. 3). Though these regional accrediting agencies had
been around, it was not until 1952 that each of them established a division that governed
higher education.