March 25, 2005

Moody's Upgrades Credit Outlook for Higher-Education Sector

By SARA LIPKA

Colleges and universities, both public and private, can look forward to stable credit ratings this year, according to a report released last week by Moody's Investors Service.

In changing its outlook for the higher-education sector to "stable" from last year's "cautiously stable," the credit-rating agency cites increasing student demand for higher education, improved performance of investments, and economic conditions that are generally "rosier" than those of recent years.

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