June 9, 2009
Financial Guru Identifies Higher Education's Winners and Losers as Economy Improves
Washington
Mark M. Zandi, chief economist at Moody’s Economy.com, had little rosy financial news for a group of college administrators gathered here on Monday. But he did identify some higher-education winners and losers that will emerge out of the current economic downturn.
On the plus side, Mr. Zandi included community colleges and distance-education programs that can deliver education cheaply. “Broadly speaking, we’re trading down in our purchases,” he said of Americans.
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