Here’s an interesting twist on the credit slow down. First, I’m not referring to the inability of many borrowers to access loans to finance vehicles, homes and other purchases. And second, this isn’t a phenomenon being generated by the credit issuer.
Perplexed? Good, happy Monday!
Well, the credit I’m referring to comes from accrediting agencies like the Southern Association of Colleges and Schools, whose stamp of approval has meant parents, students and the public can rest assured quality education is occuring in those classrooms.
While not necessary, such a notation (which is obviously preceded by a thorough review) has opened doors of opportunity in terms of acceptance into certain programs, scholarships and positions.
Indeed, my colleague Del Stover profiled Clayton County schools in Georgia, where school board dysfunction cost the district its SACS accreditation last summer. As a result, hundreds of families moved out of the district into neighboring school systems or private schools that were accredited.
Now pan three states over and fast forward to today, when just about everyone, particularly school districts are feeling the effects of a seemingly bottomless recession, and you’ll find Dallas Independent School District’s approach to a SACS accreditation: we’ll pass thanks.
Yup, the second largest school system in the second-largest state is opting out of the evaluation process that 13,000 other schools and school systems undergo through SACS. Dallas cites (what else?) financial reasons for their withdrawal.