A prestigious New York City private school known for its elite status and cultural influence—including inspiring the setting of the hit TV series Gossip Girl—has been downgraded by Moody’s Investors Service, raising concerns about its financial stability. The credit rating agency cited mounting debt and operational challenges as key factors behind the decision, signaling potential risks for the school’s long-term sustainability. While the institution has long been a symbol of exclusivity and academic prestige, the downgrade underscores broader financial pressures facing some of the nation’s most selective private schools. Parents, alumni, and educators are now closely watching how leadership will respond to the rating change and its implications for tuition costs and academic programs.
NYC private school that inspired ‘Gossip Girl’ cut by Moody’s Crain's New York
