Dig Baton Rouge

Several La. universities under review

Due to Louisiana’s current budget crisis, several universities in the state are being placed under review for credit downgrades by Moody’s Investors Service, according to The Greater Baton Rouge Business Report. LSU and Southern University are two of the eight schools under review.

“The action reflects looming state funding cuts, including an unexpected contraction in state scholarship aid,” Moody’s said in a statement posted to its website, according to The Business Report.

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