November 2, 2009
Agency Affirms WSC's Bond Rating
By Matthew L. Brown
Moody's Investors Service has affirmed Worcester State College's A3 long-term rating.
The agency said the college's outlook is stable as a result of "strong management of operations and budget flexibility." The college's "consistently positive operating performance" was noted by the agency.
College President Janelle Ashley said WSC's management has positioned the college well for the future despite the state's fiscal challenges.
Moody's said it expects WSC to keep its budget flexible and balanced as state appropriations are reduced.
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