@business reporter covering municipal bonds, state and local governments. jquerolo1@bloomberg.net, all views my own
New York, NY
Joined May 2011
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I wrote about a penalty in the bond market that costs predominantly Black cities and counties millions when they borrow on Wall St.
bloomberg.com/news/features/…
New from me and @amanda_albright - an eye-popping loan is keeping Saint Augustine's, one of the oldest HBCU's in the country, afloat. For @business
Gift link here: bloomberg.com/news/articles/…
Nic Querolo retweeted
Remarkable: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic immigration system and making millions. By @zachmider and @nquerolo. bloomberg.com/news/features/… via @business
Today @zachmider and I published our investigation into Day 1 CPT, a type of work authorization loophole that's essentially a two-year visa disguised as a degree.
Gift link here: bloomberg.com/news/features/…
The programs and schools that offer them are well known to those who have confronted the increasingly long odds of winning the U.S. H1B lottery, but few outside those circles have ever heard of them.
Nic Querolo retweeted
NEW: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic immigration system and making millions. w/ @nquerolo Gift link: bloomberg.com/news/features/…
Nic Querolo retweeted
Read The Big Take: Harvard’s vast wealth is getting attention from both politicians and local officials who are pushing for institutions to pay more.
🔗🎓: bloomberg.com/graphics/2024-…
✏️ New story from me out today about why teachers are almost universally calling out sick more than they have in recent history, and what the cost is for students, and school finances. Edited by @elizabeth_news for @business.
bloomberg.com/news/articles/…
Nic Querolo retweeted
the piece about small colleges we worked on last year w/ @nquerolo, @danielle_moran, @andretartar and @rachaeldottle won the EWA award for data reporting and visualization - it took many people and pivot tables to get to the end result
ewa.org/members-news/awards/…
Nic Querolo retweeted
Moody’s downgraded Rider University’s credit rating deeper into junk, citing the New Jersey private college’s struggling finances bloomberg.com/news/articles/… via @markets by @nquerolo
Nic Querolo retweeted
Citigroup is shutting down its storied muni bond business. A huge deal in #muniland for US governments who consistently relied on the bank for financings both big and small. bloomberg.com/news/articles/… by @jennysurane @sridinats
Nic Querolo retweeted
Economic and demographic forces are stacked against small US colleges: read @nquerolo and @danielle_moran's detailed data dive, after months of reporting (gift link 🎁: shorturl.at/AJMNT)
ALT An area chart showing the number of small schools a bloomberg news analysis has identified as having between 0 and 5 stress signals, or closed, over the years since 2008. A total of at least 46 schools closed from 2008 to 2021. In 2008, 1% of the schools had at least three, four or five stress signals. In 2021, 18% did.
Nic Querolo retweeted
everyone please appreciate these cubic trees @mariepastora made bloomberg.com/graphics/2023-…
Nic Querolo retweeted
This data-driven story out today is a must-read to understand the stresses that smaller US colleges face amid dwindling enrollments and strained finances. A really impressive months-long reporting effort by @nquerolo @danielle_moran with super creative graphics by @mariepastora
Read The Big Take: Economic and demographic forces are stacked against small US colleges. A Bloomberg News analysis shows the number of institutions facing pressure was at the highest in at least 15 years in 2021.
🔗🏫👩🎓🧑🎓👨🎓🇺🇸: bloomberg.com/graphics/2023-…
When tiny Cazenovia College announced it was shutting its doors for good in late June, it became just the latest example of the mounting economic crisis facing countless private institutions in the US today.
Story by @amanda_albright and me for @business
bloomberg.com/news/articles/…
Nic Querolo retweeted
Geoff Morrell, who reportedly was paid $120k/day by @Disney to run corporate affairs during a fraught 4-month stretch that included its fight with @RonDeSantis over the "Don't Say Gay" bill, has registered as a FOREIGN AGENT for the Saudis re: the @PGATour efile.fara.gov/docs/6698-Sho…
Nic Querolo retweeted
Affirmative action has hugely shaped corporate diversity programs -- and millions of peoples lives. What will happen when it (probably) goes away?
Great story by @itskelseybutler w/ @clairesuddath and @nquerolo
bloomberg.com/news/features/…
Nic Querolo retweeted
Huge news: In 2018, I published a @BW investigation into OneTaste, a sexual wellness company alleged to be a sex cult
Today, federal prosecutors announced charges of forced labor against OneTaste founder Nicole Daedone & her deputy Rachel Cherwitz
bloomberg.com/news/articles/…
New from me an @MartinZBraun — a lot of munis will be coming to market in the coming weeks as @BlackRock unloads the portfolio of Silicon Valley Bank. With @MarkTannenbaum1 for @business #muniland bloomberg.com/news/articles/…
