Study: One-Third Of Colleges, Universities In ‘Real Financial Trouble’ « CBS Atlanta

Study: One-Third Of Colleges, Universities In ‘Real Financial Trouble’ « CBS Atlanta


 Nearly one-third of colleges and universities are in “real financial trouble,” according to a new study.
The report issued Monday by Bain & Company found that higher education institutions are facing a liquidity crisis.
“Institutions have more liabilities, higher debt service and increasing expense without the revenue or the cash reserves to back them up,” the report states.