Illinois Institute of Technology credit rating falls to junk on operating strains – The Bond Buyer

"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.
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debtsor
3 years ago

Serious strains in the university systems…it’s been on the radar for quite some time….how long before universities collapse…

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