Fitch revises RISD outlook from stable to negative, affirms A+ bond rating

PROVIDENCE – Amid lower enrollment and financial pressures posed by the COVID-19 pandemic, Fitch Ratings has downgraded its ratings outlook for Rhode Island School of Design from stable to negative. The credit ratings agency also affirmed the college’s A+ bond and long-term issuer default ratings, crediting its strong demand profile, selective admissions and growing full-time…

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