Debt ratings at U.S. universities to see volatile 2013

Many U.S. universities could face a volatile year in terms of financing in 2013, with a major credit ratings agency saying it expects to issue more ratings changes in the not-for-profit higher education sector this year. Standard & Poor's Ratings Services, in a report on Monday, described a sector that was facing both risks and opportunities as institutions strive to reassess programs, delivery systems, cost structures and revenue sources. See more...