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Recently released data on declining college enrollments in the U.S. and constraints on tuition pricing will continue to suppress tuition revenue growth this year, according to Moody's, the credit-rating agency.

Moody's projects that this fiscal year, median net tuition revenue will increase just 2.4 percent for public universities and 2 percent for privates. In addition, roughly 20 percent of public universities and 23 percent of privates will have declining net tuition revenue this year, Moody's estimates.