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HRD-78-91 1 (1978-08-25)

handle is hein.gao/gaobachgg0001 and id is 1 raw text is: 





BY THE COMPTROLLER GENERAL


Re               t To .T         E Congress

OF THE UNITED STATES


Problems And Outlook Of Small

Pivate Uberal Arts Colleges


Many Smaul ivate liberal arts.-chools have
extensive deficit operations, have borrovved
sutaay tcover current operating defi-
cts, and have been delinquent in debt service
payments to the Government.

To improve their financial condition, thes
schools increased recjiting efforts to increase
revenues and improved mnagement to cut
costs State and Federal prgrarm assisted
them.
The Congres should require the Secreory of
Health, Education, and Welfare to periodical-
l   sm  the conition of otodr
education institutions, so that it can deter-
mine whether and the extent to which it
should act to sustain schools experiencing
financial distress.


     HftO-78-91
AUGUST 25 1978

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