Happy headline from the BizJournal: "High Point University rates perfect score on finances."
But things get weird a few grafs into the article:
Other for-profit and nonprofit schools in the Triad that rated a perfect 3.0 composite score are Leon's Beauty School in Greensboro and Winston-Salem Barber School. Elon University received a 2.8 score and Wake Forest University in Winston-Salem garnered a 2.5.
The local weekly reports this odd grouping of schools without comment.
Other sources are more skeptical:
By the U.S. Department of Education’s standards, a small institute on the verge of collapse in California and numerous beauty schools across the country have lately been in better financial health than any university in the Ivy League.
Poor little Harvard. Your $30 billion endowment gets no respect.