Responses to the Downturn: A Survey of Colleges

The Chronicle of Higher Education and Moody's Investors Service surveyed more than 200 colleges and universities about how they have been affected by the recession and what steps they were taking or considering to deal with it.

We sent a Web-based survey in December to 874 institutions, of which 566 were private four-year colleges and 308 were public ones. The group represented a mix of institutions of different sizes and endowments. Chief financial officers were asked to take the