Private University in Boston Sees Credit Rating Slashed to Junk by Moody’s

A private university in Boston has taken an unusual strategy in an attempt to right its stressed finances: cutting the number of undergraduate students.

Simmons University, a women’s-focused institution in the city’s Fenway neighborhood, has “intentionally moderated” the number of undergrads it’s enrolled the last four years, said Laura Wareck, a spokesperson for the school.