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Moody’s Sees Positive News (and Some Risks) for Public Colleges

July 5, 2022

Moody’s finds good news and some risks in a new report on public college and university finances.

“Improved state support and one-time federal pandemic relief along with expense cuts underpinned stronger operating performance for public universities in fiscal 2021,” according to Moody’s. “However, a combination of pandemic related impacts, including enrollment declines, reduced auxiliary operations and increased financial aid led to a notable reduction in student-generated revenues. Future operating performance is likely to moderate to more historical levels, if not weaken, because of the current inflationary environment.”

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Scott Jaschik

Scott Jaschik, Editor, is one of the three founders of Inside Higher Ed. With Doug Lederman, he leads the editorial operations of Inside Higher Ed, overseeing news content, opinion pieces, career advice, blogs and other features. Scott is a leading voice on higher education issues, quoted regularly in publications nationwide, and publishing articles on colleges in publications such as The New York Times, The Boston Globe, The Washington Post, Salon, and elsewhere. He has been a judge or screener for the National Magazine Awards, the Online Journalism Awards, the Folio Editorial Excellence Awards, and the Education Writers Association Awards. Scott served as a mentor in the community college fellowship program of the Hechinger Institute on Education and the Media, of Teachers College, Columbia University. He is a member of the board of the Education Writers Association. From 1999-2003, Scott was editor of The Chronicle of Higher Education. Scott grew up in Rochester, N.Y., and graduated from Cornell University in 1985. He lives in Washington.

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