Utica University sent notices this week to 23 academic departments, notifying them that 31 full-time faculty and librarians could be laid off. The notices come at a time when the institution is looking at cutting degrees and has been dealing with... — read more
Still Junk Bond Status
https://www.fitchratings.com/research/us-public-finance/fitch-affirms-utica-university-ny-idr-revs-at-bbb-outlook-stable-07-11-2022
BBB- Bond Rating
The 'BBB-' rating reflects Utica's resilient operating cash flow, despite a softer-than-anticipated enrollment base in the current and prior academic year during the pandemic. Utica faced a 6.7% decline and 8% decline in total headcount in fall 2020... — read more