Reported about 14 hours ago
The trend of increased borrowing by U.S. colleges and universities is expected to persist into 2025, as institutions like the University of Pennsylvania and Clemson University plan to issue nearly $400 million in debt to finance campus upgrades. With challenges such as declining high school graduate numbers and rising education costs, schools are motivated to enhance their facilities to attract students and remain competitive. The total borrowing for 2025 could reach between $25 billion and $30 billion, reflecting a robust municipal bond market amidst potential tax law changes that could impact future financing.
Source: YAHOO