Moody’s Oct. report on higher ed

admin November 05, 2008 Uncategorized 2 Comments

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In October, Moody’s issued a special comment to subscribers on the impact of the credit crisis and the weak economy on U.S. higher ed.  The report doesn’t sound many alarms and mostly suggests that good management and governance are more important than ever. However, they do ask the question: has tuition reached a tipping point? If so, we will see higher priced private colleges lose students to lower cost public and community colleges. If you’re at a high-priced college that is heavily tuition dependent and where students tend to graduate with greater debt than at peer schools, then, perhaps, you will experience some budget shortfalls? Perhaps? I will see…. working on my budget for next year and am really trying to submit a flat budget just in case.

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2 Responses to “Moody’s Oct. report on higher ed”

  1. Kyle said:

    Nov 05, 08 at 7:24 pm

    No “perhaps” to it. We’re already seeing budget shortfalls this year, and right now a flat budget would truly be a godsend. And since the college didn’t invest in IT in the good times, now we are falling behind and becoming less competitive in the bad times…

  2. admin said:

    Nov 06, 08 at 5:28 pm

    downward spiral? Does that work for you?

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