Study: HBCUs Pay More For Bonds Than White Colleges
educationnewsflash.substack.com
A study published last month by the Social Science Research Network reveals that historically black colleges pay, on average, nearly $50,000 more in bond issuing costs than predominantly white colleges with similar credit ratings and financial outlook. Bonds are typical funding sources for new construction or extensive renovation of campus facilities. The report shows that HBCUs incur higher underwriting fees and and accrue longer waiting periods in inventory for potential investors. From the study:
Study: HBCUs Pay More For Bonds Than White Colleges
Study: HBCUs Pay More For Bonds Than White…
Study: HBCUs Pay More For Bonds Than White Colleges
A study published last month by the Social Science Research Network reveals that historically black colleges pay, on average, nearly $50,000 more in bond issuing costs than predominantly white colleges with similar credit ratings and financial outlook. Bonds are typical funding sources for new construction or extensive renovation of campus facilities. The report shows that HBCUs incur higher underwriting fees and and accrue longer waiting periods in inventory for potential investors. From the study: