Report: University of Missouri System credit outlook optimistic

A report suggests the University of Missouri System is on track to maintain its good credit rating despite declines in overall state funding and enrollment at its Columbia campus.

A spokesman for the Columbia campus said the research report issued Aug. 25 from Moody’s Investors Service was a consistent follow-up from the four-campus system’s summer credit rating. The system received an Aa1 rating in June, which is the second-highest rating an institution can receive.

The report said one strength of the UM System is its broad geographic and program diversity.

Another aspect that helps maintain the strong credit rating is the University of Missouri Health Care’s profitability, according to the report. It said the health system’s annual growth in patient-care revenue has made “significant contributions to the university system’s overall bottom line.”

The report also acknowledged system president Mun Choi’s efforts to unite all of the campuses, solidify leadership and reduce expenses.

Read more: Southeast Missourian

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