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KBRA Releases Research – Unmasking Bias in Private College and University Credit Ratings

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining how credit ratings assigned to some private colleges and universities by other rating agencies are too low, based on real-world impairment and default data. The report discusses how their overreliance on certain “vanity metrics” like student selectivity has led to ratings that are detached from the historical default and recovery risks they are supposed to capture.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Douglas J. Kilcommons, Managing Director, U.S. Public Finance
+1 (646) 731-3341
douglas.kilcommons@kbra.com

Muting Wan, Associate, Quantitative Modeling
+1 (646) 731-1248
muting.wan@kbra.com

William Cox, Global Head of Corporate, Financial and Government Ratings
+1 (646) 731-2472
william.cox@kbra.com

Business Development Contacts

William Baneky, Managing Director
+1 (646) 731-2409
william.baneky@kbra.com

James Kissane, Senior Director
+1 (213) 806-0026
james.kissane@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Douglas J. Kilcommons, Managing Director, U.S. Public Finance
+1 (646) 731-3341
douglas.kilcommons@kbra.com

Muting Wan, Associate, Quantitative Modeling
+1 (646) 731-1248
muting.wan@kbra.com

William Cox, Global Head of Corporate, Financial and Government Ratings
+1 (646) 731-2472
william.cox@kbra.com

Business Development Contacts

William Baneky, Managing Director
+1 (646) 731-2409
william.baneky@kbra.com

James Kissane, Senior Director
+1 (213) 806-0026
james.kissane@kbra.com

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