college building with text overlay: Will Higher Education Heed Bond Rating Agency Warnings?

Do Colleges Have Strength to Heed Bond Rating Agency Warnings?

BY BRIAN C. MITCHELL Moody’s and Standard & Poor’s recently released their updated outlooks for American higher education. The news is not good. Moody’s revised its 2018 outlook for higher education from stable to negative “as aggregate operating revenue moderates while expense growth increases.” Moody’s vice president, Susan E. Shaffer, elaborated: “the annual change in…

AAUP’s Governance Committee Denounces Remarks by UW System President

BY MICHAEL DECESARE Yesterday the AAUP’s Committee on College and University Governance released the following statement: In October 2017, news broke of University of Wisconsin system president Ray Cross’s decision to propose a merger of the system’s two- and four-year institutions. It was the latest in a number of unilateral and secretive actions taken by system…

UW Madison AAUP Letter to President Cross

POSTED BY HANK REICHMAN For the past few years Wisconsin has been ground zero in the fight over the future of public higher education. The AAUP, along with the Wisconsin AFT, has condemned a series of actions taken by Governor Scott Walker, the Wisconsin state legislature, and the University of Wisconsin system board of regents in…