Standard & Poor’s last week revised its outlook to positive from stable on Michigan State University and affirmed its AA long-term rating.
The outlook boost reflects the university’s strong financial position, analysts said.
“The positive outlook is supported by MSU’s strong balance-sheet ratios relative to the rating category, its demand position as a co-flagship university, stable enrollment, manageable debt burden, solid operating performance and a tradition of strong fundraising,” Standard & Poor’s analyst Jessica Lukas said in a press release.