In 2013, 158 colleges flunked the DOE's Financial Responsibility Test

About 2/3 were non-profits, the other third for-profits.
http://chronicle.com/article/158-Private-Colleges-Fail/228277/?cid=at&utm_source=at&utm_medium=en

http://www.peterlang.com/index.cfm?event=cmp.ccc.seitenstruktur.detailseiten&seitentyp=produkt&pk=77271&cid=5&concordeid=312466