S&P: Public Universities in 4 Countries Stable Despite Pressures - Elizabeth Redden, Inside Higher Ed

A credit ratings agency said in a report issued Monday that public universities in Australia, Canada, Mexico and the United Kingdom “have largely maintained their creditworthiness over the past year,” despite reductions in governmental appropriations relative to total revenues. The report from S&P Global Ratings -- titled "Australia, Canada, Mexico and U.K. Universities 2018 Medians Report: Increased International Tuition Revenues Preserve the Sector's Stability Amid Stagnant Government Support" -- finds that increases in student revenues and spending controls have "sustained solid operating margins at the high investment-grade universities" and notes their increasing reliance on tuition revenue. https://www.insidehighered.com/quicktakes/2018/08/21/sp-public-universities-4-countries-stable-despite-pressures