January 16, 2009

Moody's Forecasts Stiff Challenges, Especially for Private Colleges, in the Next Year

By SCOTT CARLSON

A new annual-outlook report from Moody's Investors Service says that higher-education institutions are facing a range of challenges in the next year and a half. Although all colleges will face hardship, private colleges will be especially stressed compared with public and community colleges.

Roger Goodman, a Moody's vice president and author of the report, said that this was the first negative outlook for all sectors of higher education since the credit-rating agency started publishing