Moody's upgrades outlook on WWU, affirms all ratings

Moody's Ratings shared an improved outlook for Western Washington University (WWU) this week, upgrading it to stable while affirming the A1 issuer rating and A2 ratings on WWU's Housing and Dining System Revenue Bonds and Student Recreation Fee Revenue Bonds. 

According to Moody's, the upgraded outlook is due primarily to the university's robust state operating and capital support as well as its strong enrollment. In its ratings statement, Moody's highlighted WWU's rebound in student demand following the pandemic, with stabilization in total full-time equivalent (FTE) enrollment and a resurgence in first-year first-time students; cash and investment holdings; as well its strong brand and strategic position supported by academic programs.

Read the full news release on Moody' (free registration may be required).