Moody's Investors Services revised the University of La Verne's stable outlook to negative after affirming its “A3” issuer and revenue bond rating last month.
The University of La Verne was classified as financially stable after receiving an “A” rating from Fitch Ratings last month. Fitch Ratings is an organization that publishes credit ratings for corporations and other institutions based on their ability to meet financial commitments, such as paying off debts.
With the University of La Verne facing a marked decline in student enrollment, a group of faculty and administrators are working on a "Sustainability Plan” to bridge the anticipated tuition revenue gap and hopefully reverse the trend.
In the past two years the rate of inflation has taken a sharp 7.5% increase, while staff and faculty at the University of La Verne have not seen a general, or cost of living, pay raise to correspond with it.
Rick Hasse, accounting and finance instructor, discussed his career as an athlete, businessperson and professor in his lecture titled “From Business Professional to Business Professor,” Tuesday in the Quay Davis Executive Board Room.
Patricia Taylor, associate professor of education, shared her career journey via the concept of planting seeds on Tuesday at her talk titled “With seeds in my hair: the journey, the destination, and steps along the way” via Zoom.