Despite strong economy, worrying financial signs for higher education - Jeffrey Selingo, Washington Post

In the public and private sectors, reports from Moody’s tell a tale of a growing divide in higher education. Large public research universities, such as the University of Maryland at College Park, the University of Michigan, Arizona State University and other top public schools, hold more than 90 percent of the total cash and investments in the sector, despite enrolling 80 percent of the students. Among privates, the top quarter of colleges and universities hold 85 percent of all cash and investments. https://www.washingtonpost.com/news/grade-point/wp/2018/08/03/despite-strong-economy-worrying-financial-signs-for-higher-education/