@scholarme Yes, Forbes has a list of financial fitness grades for colleges that takes several factors into consideration. I guess the idea is that it’s not just the size of the endowment, but how prudently a school uses its resources.
The above mentioned Beloit College seems to be in pretty good shape with a B grade in 2017. Hampshire College, which we all have heard about recently on the other hand was given a C+ by Forbes rating system in 2017. So there is probably a threshold in there where I would be leery. I don’t know if they’ve updated this since 2017, but that’s pretty recent data.