Federal Student Aid, a division of the Department of Education, releases its list of colleges and universities based on Financial Responsibility (sometimes called Financial Health, which I think is more accurate.) In general, to continue to be eligible to award your students federal financial aid, you need a score of 1.5 or above (on a three-point scale.) The scores go down to -1. Most presentations of the data are pretty static: A table with the data, for instance. But I think there is a bigger story here: Where are colleges in trouble located? How many are not-for-profit? How many students do they enroll? What about Pell grant recipients and students of color? Do are they more likely to enroll in colleges with failing financial health? So I merged some 2011 IPEDS data into the mix. Some of the results surprise me; neither Harvard nor MIT are a 3, for instance; the Franciscan School of Theology in California, however, is. Results like this have caused some consternation amon