January 6, 2009
Moody's Sees Stiff Challenges for Colleges—Especially Private Ones—in Next Year
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 colleges 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