Recently, we just learned that the DOE is considering to drop the ACICS from the accreditation business.  The recommendation confirmed what the Association has hypothesized many years ago about the acute problems associated with one of the quality works by the US accreditation agencies.  Though the news on ACICS comes a bit too late, it is better than never.  Applying the Waste Function Paradigm on 11 years published data, the Association has calculated the proxy of wasteful resources on other US regional accrediting agencies (note that only DOE has the exact numbers).  The calculation is based on nominal (Dollar) value and on all Carnegie classification institutions.  That said, potentially there will be a double counting.  Perhaps, it is time for the regulator to take proactive actions instead of reactive to protect the tax payers’ money, the students’ and their family precious resources from the predators.