August 14, 2010
Ave Maria Is Only Law School to Fail Financial Responsibility TestAve Maria is the only law school to fail the U.S. Department of Education's financial-responsibility test, based on its financial condition in the 2009 fiscal year. The Department assigns schools a composite score in three bands:
- -1.0 to +1.0
- +1.0 to +1.5
- +1.5 to +3.0
For the third year in a row, the Department assigned Ave Maria a -0.9 score, placing it in the lowest tier, "not considered financially responsible." 149 colleges and universities scored below +1.5 (up from 126 in 2008 and 88 in 2007).
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Curious about the criteria used and how heavily it rates traditional endowment fund investing. I believe Ave Maria is heavily subsidized by one patron and practices a morality-based investment strategy
Could the real reason for Ave Maria's failing score be that it's a non-traditional being rated by the wrong standards?
Posted by: joe doakes | Aug 16, 2010 6:04:48 PM