Inside Higher Ed: Bard's Big Cash Crunch

[LucieTheLakie]

A ratings agency’s downgrade of Bard College has raised anew longstanding questions about the small private college’s business strategies, with the spotlight falling on cash concerns at an institution known for prioritizing idealism and expansion over conservative financial models and endowment building.

https://www.insidehighered.com/news/2016/08/24/bard-college-faces-liquidity-and-strategy-questions