Standard & Poor's: Grim outlook for higher education - Jeremy House, Education Dive

Global ratings agency Standard & Poor’s forecasted bad news for the higher education sector, citing ongoing challenges and additional state and federal government pressures that will continue to take a toll on institutions, reports The Chronicle of Higher Education. S&P said factors contributing to the the grim outlook are limited flexibility regarding "in programming, financial operations, enrollment, resources or student draw." The report specifically cited the recently passed on tax on private colleges with large endowments, along with, growing expectations by students and parents for lower costs and better services. In the long term, S&P warned of elevated risks to college reputations operating in the current political discourse. However, the ratings agency said that institutions could improve their future outlook by adopting non-traditional partnerships, like the Purdue-Kaplan and Boston University-Wheelock College mergers, peeling back its reputation for being slow to change, and recruiting non-traditional students. https://www.educationdive.com/news/standard-poors-grim-outlook-for-higher-education/515854/