October 5, 2001
Bond Analysts Assess Damage to Colleges
Private colleges, particularly in urban areas, are the likeliest to be hurt by the terrorist attacks on the World Trade Center and the Pentagon, according to a report released by bond analysts at Moody's Investors Service.
The report also predicts that the attacks are likely to dampen college fund raising. In addition, it says, the subsequent stock-market decline will hurt college endowments. If the market does not rebound significantly, 2001 could be a second consecutive year of
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