July 20, 2001

Private Colleges Retain Creditworthiness Despite Economic Lull, Report Says

Even in this stagnant economy, most private colleges are faring quite well, according to a new report by Moody's Investors Service. But can the good times last?

Average endowment values apparently decreased during the year ending June 30, probably by less than 10 percent, Moody's estimated, based on "preliminary reports from university chief financial officers."

The last 18 months set a record for the ratio of upgrades to downgrades for the bond-rating agency, with upgrades of

Digital or Print Subscription

Web Pass

Already have an account? Log In Now.