As we get ready to celebrate Founders’ Day in this, our Bicentennial year, there is no better time for me, on behalf of the Board of Trustees, to thank each and every member of our Lafayette community for your many contributions and ongoing commitment to Lafayette and its mission of educational excellence—a mission that has never been more relevant to the nation and the world.
Late last month, Lafayette received the welcome news that the College has once again received favorable bond ratings of A+/A- and Aa3, respectively, from credit rating services Standard & Poor’s and Moody’s.
Coming at a time when colleges nationwide are continuing to face significant financial headwinds, these ratings—which independently acknowledge Lafayette’s strong financial position—are especially meaningful. They are a ringing validation of the hard work of so many across our campus and broader community.
These external rating services use extensive quantitative modeling, analyzing current and historical information about the College and its position in the market, to inform their decision relative to the institution’s creditworthiness. What may be less familiar are the qualitative measures also incorporated into these firms’ analyses: the incredible quality and commitment of our faculty; the passion and engagement of our students; the dedicated efforts and professionalism of the President, administration, and staff; the loyalty and participation of our alumni; the support of our families and citizens of Easton; and the vision and stewardship of our Board of Trustees.
We are inspired by all that happens on our campus each day and know that Lafayette’s next 200 years will be even greater than all that has come before.
On Lafayette!
Robert E. Sell ’84, H’18
Chair, Board of Trustees