Moody’s: Higher education on negative

A top credit rater is keeping America’s colleges on a negative outlook, The Wall Street Journal reports.

Moody’s, which now has put the higher education sector on negative outlook for two years, chalks up its decision to a trickling revenue stream and an uncertain labor market. 

{mosads}”Affordability remains a key issue as the weak economic environment continues to affect families’ ability to pay for higher education and reduces institutions’ discretionary spending capacity,” Moody’s Eva Bogaty said in a statement.

Tags Credit rating agencies Higher education Moody's

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