Stanford Doubles a Short-Term Debt Program to $1 Billion

Stanford University has announced a significant increase in its commercial paper program, doubling it to $1 billion. This move reflects a proactive approach to managing financial pressures faced by colleges in the U.S., particularly in light of challenges related to federal funding. By expanding this program, Stanford aims to ensure its financial stability and continue supporting its educational mission, which is crucial for maintaining its reputation and resources.