"The materiality of the deficits and speculative risk regarding return on spending for various strategic initiatives reflects a deterioration of the university's financial strategy and risk management practices, as well as management credibility, key factors under Moody's ESG framework and a driver of this rating action," Moody's said.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Serious strains in the university systems…it’s been on the radar for quite some time….how long before universities collapse…