<p>The various bond rating articles are intersting. I don’t think anyone is saying that there are not some smaller colleges, or large ones for that matter, that aren’t struggling. Most, however, are doing fine. There have been articles showing that contributions have remained pretty constant too that have been posted here. Our kids’ school doesn’t have a bond rating…because they don’t borrow money…I’m not too worried if they can run the school, give deep “discounts” and still not have to borrow money :D.</p>