Colleges Are on Solid Financial Ground but Face New Demands, Moody's Says

The immediate financial picture for American higher education is stable, despite signs that the economy is weakening, according to Moody's Investors Service.

But that generally positive view, contained in the bond-rating agency's report, "2008 U.S. Higher Education Outlook," highlights several factors that could spell longer-term problems—most notably rising public scrutiny of colleges' financial practices.

The report, which is being released today, also warns

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