Higher Education and Financial Resilience Post-Pandemic

This chapter explores the impact of the pandemic on the higher education sector, contrasting the experiences of larger universities with substantial resources and smaller institutions facing financial struggles. It emphasizes the importance of credit research and financial pragmatism in navigating current challenges, particularly for smaller schools reassessing their priorities. The discussion also extends to the municipal bond market and healthcare investments, highlighting the critical need for robust covenants and investor protections amid evolving economic dynamics.