Credit Crisis Spreads To Hospitals, Colleges The credit crisis has moved from big institutions like Fannie Mae and Freddie Mac to smaller institutions like hospitals, colleges and nonprofit organizations. Rising interest rates are limiting their ability to expand, and they warn that rising debt payments will cut into staff and services.
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Credit Crisis Spreads To Hospitals, Colleges

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Credit Crisis Spreads To Hospitals, Colleges

Credit Crisis Spreads To Hospitals, Colleges

Credit Crisis Spreads To Hospitals, Colleges

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The credit crisis has moved from big institutions like Fannie Mae and Freddie Mac to smaller institutions like hospitals, colleges and non-profits. Rising interest rates are limiting their ability to expand, and they warn rising debt payments will cut into staff and services.

Curt Nickisch reports for member station WBUR.