CHICAGO - Standard & Poor's hit two of Illinois' public universities with negative credit action Monday.

Standard & Poor's downgraded Western Illinois University to A-minus from A and assigned a negative outlook. It also revised its outlook on Governors State University's A-minus rating to negative.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.