Credit ratings are crucial for schools looking to borrow money for capital improvements and maintain positive cash flow. The article NMSU’s bond rating lowered, describes the financial status of the New Mexico State University. Standard & Poor’s Services is one of three major credit agencies. They issued the credit rating downgrade from AA to AA- with a stable outlook. The downgrade impacts the university both internally and externally. The rating is important to capital projects that the university may anticipate.
The university depends on the enrollment of students and their tuition to pay for the operations of the school. The enrollment has declined over the past few years and the university has operated in the negative. The need to cut
The university depends on the enrollment of students and their tuition to pay for the operations of the school. The enrollment has declined over the past few years and the university has operated in the negative. The need to cut