The outlook on the University of Missouri System’s AA+ credit rating was downgraded from stable to negative by Standard & Poor’s, a general precursor to the credit agency lower an organization’s credit rating.
In announcing the negative outlook, the credit rating agency reported that, while, the university’s balance sheet has remained stable, the ratio of available resources to debt may not be consistent with the AA+ rating.
The S&P report also touched on the recent upheaval at the system office and on the Columbia campus.
“The negative outlook also incorporates recent senior management changes and campus events that could, in our opinion, affect demand and enrollment in the short term,” the report says.
Read more: St. Louis Post-Dispatch