Columbia’s Outlook Revised to Negative as Trump Slams Colleges
Columbia University’s credit outlook was revised to negative by Moody’s Ratings, which cited rising risks tied to the “federal environment for higher education.”
The change reflects the potential for weaker finances and Columbia’s “lower wealth and liquidity relative to expenses as compared to other Aaa private universities,” Moody’s said in a report Friday. Outlooks serve as opinions regarding the likely direction of a credit rating over the medium term, according to Moody’s, which affirmed Columbia’s Aaa grade.