Understanding financial responsibility scores for private colleges (Robert Kelchen, Brookings)

The stories of financially struggling private colleges, both nonprofit and for-profit, have been told in many news articles. Small private nonprofit colleges are increasing tuition discount rates in an effort to attract a shrinking pool of traditional-age students in many parts of the country, while credit rating agency Moody’s expects the number of private nonprofit college closings to triple to about 15 per year by next year. Meanwhile, the for-profit sector has seen large enrollment decreases in the last few years amid the collapse of Corinthian Collegesand the University of Phoenix’s 50 percent drop in enrollment since 2010.

http://www.brookings.edu/blogs/brown-center-chalkboard/posts/2016/03/23-financial-responsibility-scores-private-colleges-kelchen