Tuesday, July 22, 2014

Credit Ratings Get Shakier for Colleges - Nick Anderson, The Washington Post

Howard University’s credit rating by Moody’s Investors Service fell this month for the second time in the past year, largely because of concerns about money troubles at its hospital. But the historically black university in Washington has plenty of company: Moody’s has downgraded three dozen other four-year colleges and universities since July 2013, a sign of continuing financial fragility in higher education. http://www.vnews.com/news/nation/world/12734042-95/credit-ratings-get-shakier-for-colleges