George School, PA Credit Rating

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Date	Document Type	Title	Source
06 Mar 2019	Sector Comment	Higher education - US: Weak enrollment projections highlight rising credit risk for some US colleges	Moody's Investors Service
01 Mar 2019	Sector In-Depth	Public finance - US: Self-liquidity report: Fourth quarter 2018	Moody's Investors Service
20 Feb 2019	Sector In-Depth	Higher education - US : Universities with highest revenue reliance on investment income can adapt to market volatility	Moody's Investors Service
14 Feb 2019	Sector In-Depth	Higher education - US: Improved liquidity provides buffer for many private universities	Moody's Investors Service
12 Dec 2018	Outlook	Public finance - US: 2019 Outlooks	Moody's Investors Service
05 Dec 2018	Sector In-Depth	Public finance - US: Self-liquidity report: Third quarter 2018	Moody's Investors Service
04 Dec 2018	Outlook	Higher education - US: 2019 outlook remains negative with continued low net tuition revenue growth	Moody's Investors Service
14 Nov 2018	Sector In-Depth	Higher education - US: Competition and affordability focus stifle pricing power and tuition revenue growth	Moody's Investors Service
07 Nov 2018	Sector Comment	State government - US: Approved ballot measures restrict states' fiscal flexibility, a credit negative	Moody's Investors Service
07 Nov 2018	Sector Comment	State government - US: Voters show mixed support for higher state taxes to fund transportation and schools	Moody's Investors Service
19 Oct 2018	Sector Comment	State and local governments and higher education - North Carolina: Hurricane Florence relief package taps state rainy day fund and benefits local governments and universities	Moody's Investors Service
14 Sep 2018	Sector In-Depth	US Public Finance: Self-liquidity report: Second quarter 2018	Moody's Investors Service
13 Aug 2018	Sector In-Depth	Higher education - US: Credit quality steady for most universities despite challenging business conditions	Moody's Investors Service
23 Jul 2018	Sector Comment	Higher education - US: Sustained stress will drive more private colleges to alter business models or close	Moody's Investors Service
12 Jul 2018	Sector Comment	Higher education - US: Gradually rising retention rates credit positive for public universities	Moody's Investors Service
21 Jun 2018	Sector In-Depth	Higher education - US: Medians - Private university expense growth outpaces revenue growth for second year	Moody's Investors Service
07 Jun 2018	Sector In-Depth	Public finance - US: Self-liquidity report: First quarter 2018	Moody's Investors Service
31 May 2018	Sector In-Depth	Higher education and infrastructure - US: FAQ on public-private partnerships in higher education	Moody's Investors Service
29 May 2018	Sector Comment	Higher education: Declining enrollment credit negative due to continued pressure on net tuition revenue	Moody's Investors Service
29 Mar 2018	Sector Comment	Higher education - US: Federal capital programs provide credit positive financing for some universities	Moody's Investors Service
29 Mar 2018	Sector Comment	Higher education - US : Increased federal financial aid and research funding is credit positive for universities	Moody's Investors Service
08 Mar 2018	Sector In-Depth	Public finance - US: Self-liquidity report: Fourth quarter 2017	Moody's Investors Service
20 Feb 2018	Sector Comment	Higher education - US : Philanthropic contributions hit record in 2017, but growth may slow in 2018	Moody's Investors Service
12 Dec 2017	Sector Comment	Cross-sector - US: Elimination of private activity bonds would have differing negative credit effects	Moody's Investors Service
05 Dec 2017	Outlook	Higher education - US: 2018 outlook changed to negative as revenue growth moderates	Moody's Investors Service
28 Nov 2017	Sector In-Depth	Public finance - US: Self-liquidity report: Third quarter 2017	Moody's Investors Service
09 Nov 2017	Sector In-Depth	Higher education - US: Net tuition revenue growth subdued with greater pressure on publics, survey shows	Moody's Investors Service
07 Nov 2017	Sector In-Depth	Higher education - US : Limited prospects for federal funding growth constrain key revenue streams	Moody's Investors Service
02 Oct 2017	Sector In-Depth	Public finance - Texas: Hurricane Harvey unlikely to impair credit quality of most affected issuers	Moody's Investors Service
02 Oct 2017	Sector In-Depth	Cross-Sector – Puerto Rico and US Virgin Islands : Damage from Hurricanes Irma and Maria poses a challenge to credit quality	Moody's Investors Service
25 Sep 2017	Sector Comment	Higher education - US : More tuition resets likely in reaction to stiff competition	Moody's Investors Service
14 Sep 2017	Sector Comment	Healthcare, higher education, housing, state revolving funds - Florida: Hurricane Irma's immediate credit effects limited, liquidity to drive long-term impact	Moody's Investors Service
11 Sep 2017	Sector In-Depth	Cross Sector - US: FAQ on the credit impact of new developments in student loans	Moody's Investors Service
29 Aug 2017	Sector In-Depth	Higher Education - US: Strategic differentiation fosters stronger revenue growth at private universities	Moody's Investors Service
17 Aug 2017	Sector In-Depth	Public Finance - US: Moody’s Public Finance Self-Liquidity Quarterly Report: Second Quarter 2017	Moody's Investors Service
27 Jul 2017	Sector Comment	Oregon's Growing Education Budget Is Credit Positive for School Districts	Moody's Investors Service
03 Jul 2017	Sector Comment	Kentucky Gives Green Light to Charter Schools, a Credit Negative for Public School Districts	Moody's Investors Service
28 Jun 2017	Sector In-Depth	Higher education and local government - Illinois: Illinois community colleges benefit from credit strengths not shared by four-year universities	Moody's Investors Service
26 Jun 2017	Sector Comment	Florida Budget Mandates School Districts Share Capital Revenues with Charter Schools, a Credit Negative	Moody's Investors Service
19 May 2017	Sector In-Depth	Public Finance - US: Moody’s Public Finance Self-Liquidity Quarterly Report: First Quarter 2017	Moody's Investors Service
19 May 2017	Sector In-Depth	Higher Education - US: Endowment Management Shifts as Long-Term Returns Decline	Moody's Investors Service
27 Apr 2017	Sector Comment	Ohio Teacher Pension System Suspends Benefit Cost Adjustments, a Credit Positive for Schools	Moody's Investors Service
06 Apr 2017	Sector Comment	Higher Education - US: Recent Private College Combinations Underscore Growing Sector Trend	Moody's Investors Service
09 Mar 2017	Sector Comment	Higher Education - Illinois: Protracted Budget Gridlock Credit Negative for Illinois' Colleges and Universities	Moody's Investors Service
22 Feb 2017	Sector In-Depth	Public Finance - US: Moody’s Public Finance Self-Liquidity Quarterly Report: Fourth Quarter 2016	Moody's Investors Service
06 Dec 2016	Outlook	Higher Education - US: 2017 Outlook - Stable with Clouds Forming on Horizon	Moody's Investors Service
01 Dec 2016	Sector In-Depth	Higher Education - US: Student Loan Burdens Present Modest Credit Risk for Moody's-Rated Universities	Moody's Investors Service
29 Nov 2016	Sector In-Depth	Higher Education - US: Universities Face Another Year of Low Net Tuition Revenue Growth, Survey Shows	Moody's Investors Service
16 Nov 2016	Sector In-Depth	Public Finance - US: Moody’s Public Finance Self-Liquidity Quarterly Report: Third Quarter 2016	Moody's Investors Service
10 Nov 2016	Sector Comment	Louisiana Voters Reject Public Universities' Price-Setting Autonomy, a Credit Negative	Moody's Investors Service

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