These are the questions I would like answered before action is taken.
My college was one of the three put on probationary accreditation last year and our Dean informed as that if we entered a school when it was accredited, we could graduate from an accredited school -- as compared to incoming classes that would be coming in unaccredited and leaving unaccredited. I'm under the impression that it would still be the case if the COE were to be disarmed, in a manner of speaking, and as such we'd be able to continue receiving our federal loans. Anyone, feel free to correct me on this.
Also, I'm curious how this is managed in other professions. For MDs, DOs, DMDs, PharmDs, etc, are there foreign schools that are accredited? How does their accreditation process work, and should we be modeling ourselves after it?