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. The latest tally, as of June 1, includes 87 institutions being monitored for late or missing audits, 34 with questions about their ability to manage student files for federal student-aid programs and 324 with questions surrounding their overall financial responsibility.
http://www.wsj.com/articles/number-of-colleges-undergoing-greater-financial-oversight-drops-1469223980?tesla=y The Wall Street Journal