Even before the onset of COVID-19, higher education institutions had generally been facing increased litigation activity, regulatory scrutiny, employment issues, and financial pressure due to decreased enrollment, while taking on more complicated and sophisticated financial transactions.
While new technologies such as machine learning have the ability to exceed human capacity and capabilities in many ways, systems and processes that take advantage of the strengths of both man and machine have a distinct advantage.
COVID-19 is having and will continue for an indefinite period to have a myriad of effects, many unprecedented, on the operations, revenues and debt service coverage of municipal market issuers and borrowers.
An ongoing trend in the public finance market is the use of public-private partnerships or P3s. P3s can offer public agencies tools to make the designing, building, financing, operating and maintaining of public infrastructure more efficient.