Financially Failing Colleges

Ashley Thorne

The Chronicle of Higher Education reports that 150 colleges have failed the Department of Education's test of financial responsibility this year. That means these colleges could be in danger of either closing or being bought by for-profit entities. Last year 114 colleges were on this list, and at least one - Dana College - did not survive.

Click on the chart below to see the Chronicle's interactive map of failing institutions for the last three years.

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June 25, 2026

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June 25, 2026

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