Bonds

Ohio Catholic College Facing Deficits Misses March Bond Payment

Erskine Hall on the Ohio Dominican University campus in Columbus, Ohio. — Erskine Hall on the Ohio Dominican University campus in Columbus, Ohio.
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By Amanda Albright and Elizabeth Rembert

March 4, 2026 at 3:57 PM UTC

Ohio Dominican University didn’t make a bond payment due on March 1 — the latest sign of the school’s financial woes.

The missed payment comes as the Columbus, Ohio-based private Catholic liberal arts university has been confronting deficits for years. UMB Bank, the trustee for bondholders, disclosed the missed payment in a Monday regulatory filing.