Standard & Poor’s revised its outlook to positive from stable on Nebraska State Colleges’ student fees and facilities revenue and refunding debt issued by the Nebraska State Colleges Board of Trustees. The debt’s underlying rating is A.

Nebraska State Colleges is the smaller of the state’s two higher education systems. It consists of three small rural ­regional schools — Chadron State College, Peru State College — and Wayne State College. Together, they have 9,000 students. Enrollment has increased by 1% since fall 2004, Standard & Poor’s said.

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