January 6, 2006
Debt: More Borrowing Expected for Classrooms
Credit ratings at private and public higher-education institutions are expected to become more stable in the 2006 fiscal year, with enrollment numbers up, tuition increases generally covering expenses, and endowment returns holding steady.
"Some things that had been of concern, like utility costs, employee-benefit expenses, and health care, have been offset by stronger revenues," says Mary Peloquin-Dodd, director and team leader of higher education for Standard & Poor's, which
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