Private Colleges Operating at Deficits
New research by Moody’s Investors Service has revealed that small private universities face increased financial pressure. According to Moody’s, one-third of small private universities operated at deficits during the 2016 fiscal year. The number marks a 20-percent rise from 2013. Conversely, the number of large private colleges operating at deficits dropped to 13 percent in 2016 (20 percent in 2013).
Topics: Private Colleges & Universities