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Direct linkWolverton, Brad – Chronicle of Higher Education, 2008
Dozens of colleges and universities, including some of the country's wealthiest institutions, are facing a sharp rise in interest payments on a whopping mound of debt. About a third of the nearly 300 private institutions rated by Moody's Investors Service are financing more than half their debt with variable-rate bonds, some of whose rates have…
Descriptors: Higher Education, Debt (Financial), Educational Finance, Bond Issues
