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BRIEF-Moody's says continued budget gridlock is credit negative for Illinois universities, colleges
March 9, 2017 / 4:10 PM / 7 months ago

BRIEF-Moody's says continued budget gridlock is credit negative for Illinois universities, colleges

March 9 (Reuters) - Moody‘s:

* Continued budget gridlock is credit negative for Illinois universities & colleges

* Believe Illinois public universities will likely take additional steps to mitigate budgetary, liquidity stress while continuing operations

* Illinois universities, community colleges remain exposed to demographic challenges that will suppress long-term demand for higher education Source text - (bit.ly/2mFjj4N)

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