Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

Yeshiva University Wins Credit Upgrade With New President

Yeshiva University received some positive financial news as the school prepares for new president Ari Berman to take the helm, with the Moody’s credit agency upgrading the institution’s financial outlook from “negative” to “stable.”

The university will “execute its plans and reach financially sustainable operations,” wrote the company, according to a report in the Commentator, the school newspaper. Furthermore, Moody’s expressed it confidence “that continued operational improvements will reduce the pace at which the university uses liquid reserves to fund structural cash deficits.” At the same time, Moody’s kept its rating on bonds from Yeshiva at B3, a “junk” rating that means it’s an extreme risk for investors.

Yeshiva has weathered financial trouble since the Great Recession, losing tens of millions of dollars a year in a crunch that has forced it to sell its medical school and a dozen buildings. Berman is a former pulpit rabbi from the Upper West Side.

Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon

The Forward is free to read, but it isn’t free to produce

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.

Readers like you make it all possible. We’ve started our Passover Fundraising Drive, and we need 1,800 readers like you to step up to support the Forward by April 21. Members of the Forward board are even matching the first 1,000 gifts, up to $70,000.

This is a great time to support independent Jewish journalism, because every dollar goes twice as far.

—  Rachel Fishman Feddersen, Publisher and CEO

2X match on all Passover gifts!

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:

  • Credit the Forward
  • Retain our pixel
  • Preserve our canonical link in Google search
  • Add a noindex tag in Google search

See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.