soot
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Actually no, its not a private business. It is a public institution for the simple fact that without the government giving them money they more than likely would not be around.
If you refer to their 2014 CAFR they accepted $347,877 in government grants (all figures ex library).
Revenues on the year were just shy $296 million.
So just over 0.11% of their income came from money the government "gave" them.
By comparison, private gifts and grants totaled just over $23 million or about 8% of revenue.
If you're talking about federal student loan money, the government doesn't "give" that to anyone or anything.
It makes loans directly available to students and the students pay the school. The schools are not recipients of the government's money, the borrowers are.
Either way, none of this is really here or there because the Obama administration has never actually threatened to withhold money from schools for reasons related to sexual assault accusations.
Remember, they enacted this new system due to Obama & Co. sending out a letter to all the college's to do something about this sort of thing or they would loose funding.
Go read the letter.
It says absolutely nothing about schools losing funding.
It says that schools which accept federal funding must comply with Title IX regulations, but it makes no threats of any kind.
When you look at the requirements posed in the "Dear Colleagues" letter that you're talking about you'll see that most are not actually covered by Title IX.
I agree that the letter was intended as a veiled, offhand threat, but no threat was made directly and the threat that was implied probably isn't enforceable under Title IX.