Four small private colleges -- along with one community college -- have been placed on probation by the regional accreditor for the southern United States.
The probations were announced last week at a meeting of the Southern Association of Colleges and Schools. At the four private colleges, all of which have struggled in recent years, the accreditor cited concerns over financial management.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2016/06/20/southern-accreditor-puts-five-colleges-probation