On March 31, the U.S. Department of Education released for the first time a list of postsecondary institutions that are subject to oversight because of concerns related to their administrative management or financial position. This distinction—called heightened cash monitoring—exists to ensure that federal student aid funds have proper oversight. Making this information public will increase “transparency and accountability” across America’s higher-education system. It will also help students, families, and consumer advocates evaluate whether an institution has a reasonable chance of serving students well and fostering academic success.
The U.S. Department of Education’s list provided much-needed transparency by revealing the institutions that are subject to heightened cash monitoring. An important question remains, however: What do we know about student enrollment at institutions in need of additional oversight?
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