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A Portent of Things to Come?

Posted on February 4th, 2013, by 1 Comment

This may just be an indicator that the fiscal challenges for many institutions of higher education have faced post-financial crisis. Or it might a signal that the sector is facing

long-run structural challenges. Either way, this report from InsideHigherEd is probably not without some significance:

Moody’s Investors Service downgraded 34

higher education institutions in 2012 while upgrading only 3, the ratings agency reported Friday, an indicator of ongoing financial challenges facing colleges and universities. Analysts chalked up the downgrades to problems raising net tuition revenue, continued state budget cuts, and enrollment troubles.

  • pointforward

    Of course, anyone with a college education should know that the headline should read ‘portent’, as portend is the transitive verb and portent is the noun form. I suppose this may have been posted by a journalism student, so we shouldn’t expect them to have been able to get better than a C- in freshman English.