Kaplan University ("KU") is the "doing business as" (DBA) name of the Iowa College Acquisition Corporation, a company that owns and operates for-profit colleges. It is owned by Kaplan, Inc., a subsidiary of the Washington Post. Kaplan University is predominantly a distance learning institution of higher education that is regionally accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA). Kaplan University was named in honor of Stanley H. Kaplan, who founded Kaplan Test Prep. In 2010 Kaplan and other for-profit education companies came under scrutiny from the U.S. Congress due to concerns that the industry leaves too many students with heavy debts, and with credentials that are of little help finding jobs. The American Institute of Commerce was established in 1937 before changing its name to Quest College. In November 2000, Quest College's name was changed to Kaplan College after Kaplan, Inc. acquired it with the purchase of Quest Education Corporation. In September 2004, Kaplan College officially changed its name to Kaplan University after it was granted permission to offer graduate-level degree programs.