Moody's Praises Wesleyan for Ending Need-Blind Policy

Some student leaders may be questioning Wesleyan University's recent shift away from need-blind admissions, but Moody's Investors Service is applauding the change, The Hartford Courant reported. In fact, a new report from Moody's suggests other private colleges may want to follow Wesleyan's lead. "These actions ... are credit positive for Wesleyan, as well as other selective private colleges that could look to this model as an avenue for growing tuition revenue in an increasingly difficult higher education market burdened by stiffening tuition price resistance and rising student loan burden," Moody's said.