High-cost colleges beware: newly cost-sensitive students may pressure your business model. Municipal bond investors should be aware that certain categories of universities are likely at greater risk of credit rating downgrades. We remain concerned with universities that do not have a strong balance sheet, revenue flexibility and/or reputation to compete long-term in an industry where
Beth Ware, Senior Municipal Bond Analyst
Beth Ware is a senior analyst at Columbia Management Investment Advisers, LLC (CMIA), focusing on health care and higher education credit analysis. She joined the firm in 1991 and has been a member of the investment community since 1990.
Prior to joining the firm, Ms. Ware worked as a credit analyst at Harvard Management.
Ms. Ware earned a B.S. in management with a concentration in finance at Boston College and a Master of Science in Finance from the Boston College Carroll School of Management. She is a member of the Boston Municipal Analyst Forum.