See the link below. From the article:
"UNIVERSITY PARK, Pa. — Penn State has received another strong report from Moody’s Investor Services, which gave the University a rating of Aa2 with a positive outlook, citing “significantly strengthened governance and management practices.”
The credit rating company’s rating assignment (issued on April 23), points to Penn State’s liquidity, strong operations and cash flow, fundraising and “strong national student demand for a leading national research university.”"
Regarding the parts in bold, I hadn't noticed. Well, the cash flow out is strong.
http://news.psu.edu/story/354685/20...es-penn-state-positive-rating-citing-improved
"UNIVERSITY PARK, Pa. — Penn State has received another strong report from Moody’s Investor Services, which gave the University a rating of Aa2 with a positive outlook, citing “significantly strengthened governance and management practices.”
The credit rating company’s rating assignment (issued on April 23), points to Penn State’s liquidity, strong operations and cash flow, fundraising and “strong national student demand for a leading national research university.”"
Regarding the parts in bold, I hadn't noticed. Well, the cash flow out is strong.
http://news.psu.edu/story/354685/20...es-penn-state-positive-rating-citing-improved