October 17, 2008

Moody's Foresees Short-Term Problems for Some Colleges

By Reeves Wiedeman

The nation's recent economic problems could have a significant effect on some colleges and universities, according to a report released on Thursday by Moody’s Investors Service. Though Moody’s maintains a long-term “stable outlook” for the higher-education sector, weak investment returns, pressures on families' ability to pay tuition, and other short-term financial disruptions could hurt some low-rated institutions, the report says.

“Colleges are very resilient, and

Digital or Print Subscription

Web Pass

Already have an account? Log In Now.