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Reply to "What is wrong with High Point?"
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[quote=Anonymous][quote=Anonymous]This kind of stuff about HPU is concerning. “Moody’s downgraded their bonds to junk status after the campus borrowed $165 million in just a few short years. Tuition at High Point has increased 60 percent, reaching $37,800 this past year.” https://www.aei.org/education/higher-education/a-college-both-left-and-right-should-be-angry-about/ “As debt ballooned, he got waivers to avoid breaching loan covenants, according to Moody’s and Standard & Poor’s. He raided the school’s meager $46 million endowment to buy real estate; among other things, the university now owns a half-empty shopping mall and a former Methodist retirement community that’s been converted to student housing. He got the school into derivatives investing, running up $8 million in losses.” https://ncmetromayors.com/bubble-u-high-point-university-bloomberg-businessweek/ Anyone know how their finances are looking now?[/quote] They get a C or 2.1 out of 4.5 on the Forbes financial rating. I avoid schools below a B or B+. Plus the shenanigans above are too reminiscent of another president I would rather forget .[/quote]
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