Full text of Durbin's remarks to the annual meeting of the National Association of Independent Colleges and Universities. He encouraged the colleges to support the regulations targeted at for-profit schools in order to preserve Pell Grant funding and other federal programs jeopardized by waste in higher education.
Durbin said, "You should improve your accreditation systems now. Colleges should be judged on the outcomes they produce for students, and colleges that aren't improving or meeting acceptable bars should have their accreditation pulled. And it shouldn't take decades fro that to happen."