February 24, 2006
Credit Outlook for Colleges Is Mixed, Reports Say
The credit outlook for colleges is mixed for 2006, according to reports issued last week by Standard & Poor's and Moody's Investors Service.
Although many institutions have benefited from gains in their endowments and in state support, Standard & Poor's predicted that the volume of debt issued by colleges is likely to remain high because of heightened competition for enrollments. Both agencies labeled higher education credit quality as "stable." However, the agencies cited
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