Topics regarding layoffs at Rider University

Topics regarding layoffs at Rider University

31 positions cut

https://www.insidehighered.com/news/business/cost-cutting/2024/08/05/declining-enrollment-fafsa-issues-drove-more-cuts-july

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Post ID: @OP+1tSPsCpm

Title IX failures

"In each instance, each young woman voiced a similar experience: complaints filed with Rider’s Title IX officials remain unresolved — frequently open for months or more than a year — caught in a system that leaves students feeling helpless and... — read more 

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Post ID: @OP+1k1r5YLo

Rider University Receives Junk Bond Rating

“The rating downgrade to Ba2 from Ba1 reflects Rider University’s continued very weak operating performance, reliance on a line of credit and recent increase in leverage, largely for working capital needs,” Moody's analysts wrote. “While the... — read more 

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Post ID: @OP+1c2BzeJZ

Bond rating downgraded again

"The lower bond rating continues a downward trend for Rider. In April 2020, Moody’s downgraded Rider’s rating to Ba1 with a negative outlook....The university’s financial problems are complicated by the need to negotiate a new contract with its... — read more 

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Post ID: @OP+1bSkLMkT

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