Reported about 12 hours ago
Investors are increasingly purchasing bonds from colleges with near-junk credit ratings, seeking higher returns despite the associated risks. For instance, Emerson College's recent bond sale drew over $900 million in orders, reflecting strong demand in a challenging financial landscape for many institutions. While some colleges are successfully navigating these market conditions, others are struggling with enrollment declines and economic pressures, prompting cautious strategy adjustments from investors.
Source: YAHOO