In the wake of the massive academic fraud scandal involving athletics, the University of North Carolina’s main campus at Chapel Hill has been put on probation for one year by its accreditor. While this punishment sounds pretty light, there probably isn’t much else that the accreditor can do short of outright revoking accreditation. Regardless, this is hugely embarrassing for a major university like UNC and seems entirely deserved. Still no word yet on what the NCAA is going to do. Some people in the comments are also pointing out that there could be further consequences if the Department of Education finds that federal funds were misused.