Dive Brief:

• The U.S. Department of Education has released the names of the remaining 20 colleges under a form of close scrutiny called heightened cash monitoring.
• The department cited ongoing investigations at the remaining schools for its decision to keep their names private, according to Inside Higher Ed.
• The majority of the last 20 schools are small, for-profit colleges and beauty schools, although two are public technical schools and one is a public community college, Inside Higher Ed reports.

Dive Insight:

Inside Higher Ed initially requested the list of schools under heightened cash monitoring, which means the Department of Education limits their access to federal student aid dollars. For months, the department refused to release the names because of how damaging it might be to make that information public. Public pressure following Inside Higher Ed’s original report contributed to the release of an initial batch of names. Being restricted from student aid dollars has caused the downfall of at least two institutions in recent years. It remains to be seen whether a damaged reputation because of such federal scrutiny will have the same result.