14 Catholic colleges fail fiscal responsibility test

August 17, 2010

319 of the nation’s postsecondary schools, 14 of them Catholic, have failed the US Department of Education’s fiscal responsibility test for 2008-09. Four of the schools-- Ave Maria School of Law, Belmont Abbey College, Thomas More College of Liberal Arts, and the University of St. Thomas in Houston-- have been praised by the Cardinal Newman Society for their efforts to promote a strong Catholic identity. (Ave Maria University, unlike Ave Maria School of Law, passed the test with the highest possible rating.)

The other Catholic colleges that failed the test are the College of Our Lady of the Elms, Brescia University, Newman University, University of St. Mary of the Lake (Mundelein), Dominican University, Rockhurst University, Chestnut Hill College, Rosemont College, Wheeling Jesuit University, and the Dominican College of Blauvelt. [Note: An earlier version of this story, relying on a Catholic News Service blog post that proved to be inaccurate and has since been corrected, included two other colleges.]

 

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Further information:

• Hundreds of Colleges Fail to Make the Grade on Financial Responsibility (Chronicle of Higher Education)
• Catholic colleges fail Department of Education fiscal test (CNS)
• Ave Maria University, law school at opposite ends of financial strength rankings (Naples Daily News)