Monday, March 1, 1999
Investor service gives high marks to debt ratings of public universities
According to a recent report by Moody’s Investor Service, public colleges and universities have a generally positive credit outlook. However, smaller regional colleges and universities that draw students from limited geographical areas may be imperiled if governments cut their budgets in lean economic times. Public universities have been taking on debt in recent years to build new facilities or update older ones to make them more appealing as enrollment mushroomed. Up from $5.6 billion in 1997, Moody’s rated about $7 billion in public university debt in 1998.

Florida proposes free tuition for children of past welfare recipients
A new pet project in the state of Florida may provide tuition at any public two-or four-year college or university in the Sunshine State for the children of former welfare recipients. The program, the first of its kind in the country, has set aside $2.5 million this year to buy more than 714 prepaid college scholarships for children of participants in Florida’s welfare-to-work program. Students must be between the seventh and 11th grades, maintain a C-plus grade point average and have no run-ins with the law--particularly drug-related offenses--in order to be eligible. Their parents must stay off welfare.
--Gonca A. Sanal
UGA Today ] News Bureau ] Master Calendar ] Columns ] Georgia Magazine ]
UGA Home ] Admissions ] Directories ] Sports ] Alumni ] Weather ]
Search this site ] Search UGA sites ]

Developed by University Communications News Bureau at the University of Georgia.
Beth Roberts: Columns editor, Juliett Dinkins: Columns managing editor,
Janet Beckley: Columns art director.
This site works best with the latest version of
Netscape Navigator 4.0 and Microsoft Internet Explorer 4.0.