Barron’s: Back-to-School Deals on University Muni Bonds

09/05/2025

Political issues are largely “noise,” says Thomas Kozlik, head of municipal strategy at HilltopSecurities, but issues facing higher education more broadly are deep and long-lasting. In a report a year ago, he wrote that higher ed was in a crisis due to declining enrollment, expensive tuition, less government support, and “the increased chance that college doesn’t pay off for individual students.”

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