January 16, 2013
HIGHER EDUCATION BUBBLE UPDATE: Moody’s now has negative outlook for all U.S. universities.
“The U.S. higher education sector has hit a critical juncture in the evolution of its business model,” said Eva Bogaty, Moody’s assistant vice president, in a statement. “Even market-leading universities with diversified revenue streams are facing diminished prospects for revenue growth.”
Can I say “I told you so?” Because, you know, I did.