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Inside Higher Ed reports that the U.S. Department of Education is refusing to identify the "dozens of colleges" for which it has curtailed access to federal aid despite the risk that these institutions may pose to their students and to taxpayers.
According to the report, the Education Department has identified 76 colleges or universities that are to be subjected to  "heightened cash monitoring," but it won't say which schools are among those whose access to federal financial aid may be restricted or slowed due to this status.
According to Inside Higher Ed, "Even as it pushes to make far more information about colleges available to consumers, the department is keeping hidden from public view its decisions to punish certain colleges with funding restrictions known as heightened cash monitoring. At the end of last October, 76 colleges or universities were subject to the most stringent form of those restrictions, according to the department. Another 455 institutions, as of last August, faced a lower level of scrutiny. But the department has refused to provide the names of those colleges because of the 'competitive injury'  it may cause them."

 


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