Financial Ratings Affect Colleges, Too

Tulane University campus, New Orleans

Tulane University campus, New Orleans (Photo credit: Wikipedia)

In the flush decades of the 1980’s and 90’s, many colleges went on “borrowing sprees” to improve facilities in order to remain competitive with their peer institutions.  Some doubled their debt in the last decade as they constructed lavish fitness buildings, student centers, and other specialized facilities.

According to the New York Times, in January of this year Moody’s Investor Services put a negative outlook on the entire higher education sector and downgraded the credit rating of 22 colleges, including Wellesley.  Standard & Poor’s Rating Service also recently downgraded the credit rating of 13 colleges, including Amherst, Tulane, and Yeshiva.

Sarah C. Reese, Informed Educational Solutions

Related Articles:

Colleges Struggling to Stay Afloat (New York Times, April 12, 2013)

Moody’s Downgrades College of New Rochelle’s Bond Rating (The Chronicle of Higher Education, January 23, 2013

 

 

 

This entry was posted in Amherst, College, College Credit Ratings, Colleges in the News, Educational Consultant, Educational Counselor, Educational Solutions, Endowments, Financial Considerations in Educational Choics, Financial Stability of Colleges, Informed Educational Solutions, Sarah C. Reese, Selecting a College, Tulane, Wellesley, Yeshiva and tagged , , , , , , , , , , , . Bookmark the permalink.

2 Responses to Financial Ratings Affect Colleges, Too

  1. Pingback: The Best College Bar — The BOOT | TheGuyDomestic

  2. Pingback: Shaky Collegiate Finances Impact Higher Education | Informed Educational Solutions

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s