ELKINS — Davis & Elkins College has earned an A from global media company Forbes for the financial health of the educational institution, the highest grade awarded to any private, not-for-profit school in West Virginia. Forbes magazine recently published its annual college financial grades list in an article titled “Forbes 2023 College Financial Grades: The Nation’s Strongest And Weakest Schools.”The magazine reviewed the latest financial data from the National Center for Education Statistics for 906 private, not-for-profit colleges in the U.S. “We are elated at the ‘A’ grade by Forbes because it reflects the diligence we exercise to ensure our institution is financially healthy,” said D&E President Chris Wood. As many institutions embraced online learning, they began to spend capital or take on debt to expand these online programs. According to Forbes, “Forbes College Financial Grades are designed to assess a private not-for-profit college’s balance sheet health and operational soundness using the following nine measures.

Source: Forbes June 28, 2023 07:28 UTC