Dropping enrollment squeezes universities' revenues: Moody's

[FarCenter]

"Enrollment declines in higher education are credit negative because they heighten competitive pressure for all universities. This limits opportunity to grow tuition revenue, now the primary revenue for the majority of public and private universities," said Moody's.

Enrollment challenges will persist for several years, and those institutions likely to suffer the biggest squeeze have lower credit ratings, are especially dependent on tuition for revenue, or lack a strong brand name or market position, Moody's added.

Public universities and colleges have fought a losing financial battle since the start of the 2007-09 recession. States have slashed higher education spending, costs have risen, and students are becoming more reluctant to borrow.

http://www.cnbc.com/id/101019803

[R. Daneel Olivaw]

1. Strange. I thought that the Wall Street asshats were all about competition...

or at least saying that US businesses have to be competitive with their overseas competitors; which just happen to exist because some Wall Street asshat sent US jobs overseas in the first place.

Now competition is bad?

Well, really? Fucking really?


But lets argue about war some place else or anything but how the rich and merciless have fucked us all over at home.

Perhaps, just perhaps nobody wants to go to college so they can graduate right into a McJob right along with crushing debt that they won't pay off until they're about to retire.

Perhaps, just perhaps if our electeds weren't fellating their nearest lobbyist or MIC representative they would realize that they have screwn the pooch long enough. Too long indeed.