https://www.schwab.com/resource-center/insights/content/higher-education-bonds-covid-19-worldHigher-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.