Happy Days Are Almost Here Again, But For How Long?

April 5, 2021

By Richard K. Vedder |

Moody’s Investor Service periodically assesses the financial health of America’s universities, and recently they issued a more optimistic report, rescinding their overall “negative” outlook for schools and replacing it with a “stable” one. Universities are improving financially for multiple reasons. First, growing Covid-19 vaccinations are contributing to a decline in the health threat from the novel coronavirus. Second, this means schools are moving cautiously away from remote instruction toward traditional in-person learning. College kids are happier because, in addition to more and better learning experiences, there will be more drinking and fornication than in the period of Covid-19 austerity. Never underestimate the socialization dimensions of college. Third, all this means enrollments are likely to stop falling and possibly even increase a bit, and that revenue producing dormitories and cafeterias will resume more normal operations. Fourth, colleges have cut their spending substantially.

>> READ MORE >>

Get FREE News Delivered to Your Inbox!

Corporate media seeks stories that serve its own interests. But you deserve to know what’s really going on in your community. Stay up to date on the latest in Arizona by signing up to get FREE news delivered to your inbox.

You May Also Like …

Connect with us!

ABOUT  |  NEWS  |  OPINION  |  ECONOMY  |  EDUCATION  |  CONTACT

A project of the Arizona Freedom Foundation  |  All Rights Reserved 2024  |  Code of Ethics  |  Privacy Policy

Share This