It recently placed 10 colleges on probation: https://www.insidehighered.com/news/2016/12/07/southern-accreditor-places-10-probation-including-louisville-and-new-ut-campus
It looks like 7 of the 10 had some kind of financial issue and Louisville's problem seems to be more with the somewhat non-traditional priorities of the state's governor than anything else. Will there ever be more widespread pushes to rescind accreditation for underperformance or academic quality concerns?
