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Higher-Education Bonds in a COVID-19 World
Higher-Education Bonds in a COVID-19 World

By Cooper Howard

As the economy reopens from COVID-19 restrictions, a question looms: What will colleges and universities look like come fall? Will students return to a more normal on-campus learning experience, some form of online experience, a combination of both … or will they simply not return? The question is important to municipal bond investors because the education sector accounts for roughly 7% of the investment-grade muni market.
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