CSUN University News Clippings

Many Private Colleges Expect Tuition Revenue Declines, Moody’s Report Says

(November 3, 2009)

By Beckie Supiano

A “significant minority” of private colleges and universities are projecting a decline in net tuition revenue this year, which could hurt their future financial strength, according to a report from Moody’s Investors Service scheduled to be released on Tuesday.

The report, “New Tuition Challenges at Many U.S. Private Universities,” is based on a survey taken by 100 of the 286 private colleges and universities Moody’s rates. Twenty-nine percent of respondents project a decline in net tuition and fee revenue for the 2010 fiscal year. In contrast, only 9 percent saw a drop in net tuition and fee revenue in fiscal year 2009………

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Publication: The Chronicle of Higher Education