[quote=llg]There are different types of "accreditation" and different agencies that provide accreditation for schools. In order to know the consequences of having your school lose or drop its accreditation, you would have to know more specifics.
For example, the agencies that must accredit a school so that its students are eligible for federal financial aid and not the same agencies that accredit nursing schools for other purposes. Also, some schools are voluntarily dropping their accreditation from the NLN and switching to the agency run by the the AACN (which, of course will not accredit diploma programs because they are not collegeate based.)
So ... it's complicated. And you/we would need more details before anyone could tell you what the loss of your school's accreditation would mean. But I agree that you should not base your decisions on rumors. Get the facts from official sources within the school.
I completely agree. Non-accredited can mean many different things, depending on WHO it is not accredited by