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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Occidenta[/b]l[/quote]
No.  Financial difficulties.  Moody downgraded it.  Google it.[/quote]
We're talking about the college, not the oil company.  :roll: [/quote]
[b]Not PP, but colleges do have credit ratings which are very important to them.  In this case, google says:
[quote]New York, September 26, 2019 -- Moody's Investors Service has revised the outlook for Occidental College (CA) to negative from stable. Concurrently, we have assigned a Aa3 rating on the proposed Taxable Bonds, Series 2019 and affirmed the Aa3 ratings on approximately $84 million of rated debt[/quote][/quote][/b]

Precisely my point.  Moody's does rate schools and Occcidental's was downgraded Dec. 2019 to negative.  I'm an alum.  Since the coronavirus pandemic hit, I've been asked three times to send money in to tide it over.  Oxy's situation is so poor that it cancelled the football season and team two years ago for lack of funds.  Its endowment is at a low of 434M (or was before the pandemic).  It's sister college, Pomona, which started around the same time and once upon a time drew from the same high school applicant base is 2.35 billion.  That's why Moody's downgraded it.[/quote]

Yet irrelevant to this thread.  [b]Occidental is growing in popularity, has had record applications in recent years, and is popular in the DC area.[/quote][/b]

A) it is not growing in popularity. It has lost its reputation.
B) It has become very easy to get in to with a a selectivity rate of 42%.
C) every single college in America can claim "record number" of applications because students now apply to 15 instead of 5 schools.
D) Oxy is on the "will struggle financially" list.[/quote]

Wouldn’t say “very easy”- there are schools with 80%+ acceptance rate.[/quote]

Pretty strange that there’s a resident Oxy troll.  They were over enrolled last year, and took stronger applicants. (All bets off this year.) In the near term the reputation/selectivity/popularity from the DC area have all been growing.  Sure, at some point along the way they did not keep pace with Pomona, but that’s ancient history, they are gaining ground compared to current peers.[/quote]

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