An increase in Parent PLUS Loan denials contributed to a recent drop in student enrollment at many HBCUs, including Howard University in Washington, D.C. Moody's Investors Service recently downgraded the school's credit rating, citing a dip in full-time-student enrollment by about 6 percent in fall 2012 as one of a number of financial challenges facing the school.
This semester, enrollment numbers have begun to recover at Howard, but many schools, like , are still reeling from recruiting fewer students.
