Moody’s Downgrades Higher Ed’s Outlook From ‘Stable’ to ‘Negative’
The prospects for higher education are bleak, according to Moody’s Investors Service, a credit-rating agency that on Tuesday changed its outlook for the sector from “stable” to “negative.” In a report, the agency cited financial strains at both public and private four-year institutions, mainly muted growth in tuition revenue. But it also cited “uncertainty at the federal level over potential policy changes.”
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by Adam Harris, The Chronicle of Higher Education.