Reply to Fitch Downgrades University of Chicago, IL to 'AA'

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[quote=Anonymous][quote=Anonymous][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]

A quick google shows that Chicago had a$6.4 billion dollar deficit in 2025z [/quote]

A quick google search shows that you are a moron. That is their debt outstanding. Not their deficit. It is slightly high but not awful for a university of the size and scope of Chicago, especially because I think it also includes the medical center. AA is still an incredibly strong rating and means basically a 0.00001% chance of default on debt. Call me if they drop to the BBB range.[/quote]

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