(AP) – A credit report suggests the University of Missouri System
is on track to maintain its good credit rating despite declines in overall state funding and enrollment at its Columbia campus.The Columbia Missourian reports the research report issued Aug. 25 from
Moody’s Investors Service was a consistent follow-up from the four-campus
system’s summer credit rating. The system received an Aa1 rating in June, which is the second-highest rating an institution can receive.
is on track to maintain its good credit rating despite declines in overall state funding and enrollment at its Columbia campus.The Columbia Missourian reports the research report issued Aug. 25 from
Moody’s Investors Service was a consistent follow-up from the four-campus
system’s summer credit rating. The system received an Aa1 rating in June, which is the second-highest rating an institution can receive.
Moody’s Vice President Eva Bogaty says the report looked at some of the
strengths the system maintains despite financial pressure. The report says one of those strengths is the system’s broad geographic and program diversity.
Bogaty says that if the system doesn’t successfully work with campuses to
rebuild morale while cutting expenses, then its credit will weaken.
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