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A comment on We’re #3 on Paul Graham’s Frighteningly Ambitious Idea List. Parent comment

Re:We’re #3 on Paul Graham’s Frighteningly Ambitious Idea List by rdl on Friday March 23, 2012 @02:50AM (#3744006)
Isn't the traditional way to get a new college accredited to buy an existing, economically failing school which is already accredited and take over the credential?
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Re:We’re #3 on Paul Graham’s Frighteningly Ambitious Idea List by padwiki on Friday March 23, 2012 @01:13PM (#3746116)
Sure, it's traditional if you are unable to meet accreditation standards on your own and have a spare $10mil in the bank. We can meet those standards on our own, however, we don't have a spare $10mil in the bank.
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