Costs, competition and ‘adversarial federal policy’ are weighing heavily on private colleges, according to analysts with the credit ratings agency.
The proposed agreement came hours after the U.S. Department of Justice sued the state over its decades-old law.
New data from the National Student Clearinghouse Research Center also showed that Black and Hispanic persistence rates reached decade highs.
The agency released widely contested regulations this spring that blocked access to higher borrowing limits for many graduate students.