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Reply to "Fitch Downgrades University of Chicago, IL to 'AA'"
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[quote=Anonymous]https://hoodline.com/2026/05/south-side-squeeze-fitch-knocks-uchicago-credit-rating-as-debt-pile-grows/ The Chronicle of Higher Education has reported that UChicago’s academic side has run deficits for more than a decade, even as the university has tapped the bond markets for several hundred million dollars in new debt in recent years. That borrowing has pushed total bond obligations to nearly $4.5 billion. Critics argue that financing expansion and research with borrowed money left the institution with less unrestricted cash to cushion financial shocks. University leaders counter that the borrowing was strategic and that they are pursuing a multiyear plan to bring operations back into balance.[/quote]
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