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Saturday, August 14, 2010

Ave Maria Is Only Law School to Fail Financial Responsibility Test

Ave Maria Logo Ave 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).

http://taxprof.typepad.com/taxprof_blog/2010/08/ave-maria.html

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Comments

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?

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Posted by: joe doakes | Aug 16, 2010 6:04:48 PM