August 1, 2008
Bad Economy Could Harm Smaller Colleges
Remember the generally positive outlook on higher education that Moody's Investors Service issued in January? Scratch that.
Although the bond-rating company says that the industry has a generally stable outlook in a six-month update of that report released in July, it notes that worsening economic conditions could lead to trouble, particularly for small, private colleges that draw locally; local community colleges; and regional or less-selective publics.
Higher education has
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