Wednesday, July 27, 2016

Number of Colleges Undergoing Greater Financial Oversight Drops - MELISSA KORN, Wall Street Journal

The number of colleges and universities subject to increased financial oversight by the federal government slid to 513 in June, from 528 three months earlier, according to an updated list posted to the U.S. Department of Education’s website Friday. More than half the schools on the list are for-profit institutions, along with a smattering of Bible colleges and private law schools. Nearly 20% of the schools subjected to tighter financial scrutiny are public schools, including tribal and community colleges. While dozens of schools were removed from the list since March, there are 38 new entries, including the historically black Tuskegee University in Alabama, Brown College of Court Reporting in Atlanta, and Coyne College, a for-profit school in Chicago.

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