On Sunday, the editorial board of the New York Post chose as its subject, a recent report from Moody’s Investors Service.

Moody’s wake-up call to colleges

It wasn’t so long ago Occupy Wall Street was putting faces to people holding up signs listing the staggering amounts of debt they owed from their college loans. Today we’re seeing a rerun. But this time there’s a twist: It’s now some of the colleges themselves that are having trouble with their debts and ­finances.

The latest news comes courtesy of Moody’s Investors Service. Just recently, the ratings agency gave Bard College, Long Island University and the College of Saint Rose in Albany the stink-eye in the form of weak ratings and negative outlooks. Though they each received different ratings, Moody’s gave each school a negative outlook, indicating troubles ahead.

While all these schools are all private colleges based in New York, they have plenty of company. In November, Moody’s said the 2014 outlook for all higher ed was negative.

Now, the top private schools — e.g., the Harvards and Yales — will not be suffer nearly as much as some of those lower down the ranks, because they have more resources (e.g., endowments) and no shortage of applicants.

But smaller schools don’t have the luxury of high demand or large endowments. And they are only going to find the competition getting tougher. These small- and medium-sized private schools may find that the higher tuitions they charge may not be sustainable as more parents and students demand better value for their ­tuition dollars.

For those who think the solution to these college woes is more government help, we’d just point out how government aid has already played its own part in weakening these institutions. For years, the feds encouraged colleges to grow and build and expand by subsidizing students with loans and grants that the schools took whether or not the students graduated.