Financial Downgrading Elite Colleges - Ry Rivard, Inside Higher Ed

Over the past several months, the credit ratings of several prestigious liberal arts colleges have been downgraded or assigned a negative outlook by Moody’s Investors Service. These are institutions -- Haverford College, Morehouse College, Oberlin College and Wellesley College – that top students seek out, yet they are showing small but noticeable signs of fiscal stress several years after the end of the recession. Their downgraded ratings are still better than those of plenty of other institutions, and Moody's has issued plenty of gloomy projects about colleges during the economic downturn. But the recent actions are notable because they affect colleges that are by many measures -- money, prestige, history -- among the most fortunate in the country. http://www.insidehighered.com/news/2013/08/30/prestigious-liberal-arts-colleges-face-ratings-downgrades