List of Colleges in Major Financial Trouble
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Anonymous
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This list includes For Profit as well as Public and Private Non-Profit.
https://www.documentcloud.org/documents/1698355-redacted-schools-on-hcm1-or-hcm2-as-of-3-1-2015.html |
Anonymous
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bump
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Anonymous
| Interesting, thank you. |
Anonymous
| what do the two columns on the right mean? |
Anonymous
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A lot of beauty/cosmetology schools on there . . . |
Anonymous
| OP, thanks very much. This is a very interesting list. For-profits seem to dominate. But I'd be cautious about assuming the validity 100%. Many of the entries seem to be due solely to late submission of audited financials, and some non-profits (and a few for-profits, for that matter) don't use a standard accounting year. A few individual entries might be questioned -- for example, in NY, the Webb Institute is listed. Webb is actually dramatically well-endowed and tiny. And Morris-Brown college in GA is not listed, but had actually entered bankruptcy before this list appears to have been dated. |
Anonymous
| Most of these are for-profit Pell Grant schools. |