Higher education bonds

"We believe strongly in these sectors, and they are poised for even more growth," Bo Daniels, Loop Capital's head of public finance, said in a statement.

International students are concentrated in certain schools, but most schools will feel the loss as the Trump administration drives down enrollment numbers. 

Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.

The system's board of regents authorized the issuance of triple-A-rated Permanent University Fund and revenue financing system bonds during fiscal 2027.

Like state governments, most cities and counties remain on "solid footing" given high reserve levels and conservative budgeting, BofA strategists said.

Belmont University is among investment grade, well-known institutions dealing with more financial pressure due to a shrinking pool of undergraduates.

Student housing bonds trade wide for a reason: declining college-age populations, private competition and non-recourse structures make demand, disclosure, university commitment and stress-testing the signals investors need to validate, writes Market Intelligence analyst Jeff Lipton.

A student housing facility in Orlando seems to be struggling financially while one in Tampa seems to be prospering.

Private Milliken University in Illinois is sweetening its upcoming bond deal by adding a student apartment complex to increase investor protections. 

Despite some struggling projects, student housing P3 deals that hit the primary market this year have enjoyed oversubscribed demand.

The continued weakening of the higher education sector means investors will have to take into account the quality of the institution.

The BB-plus rated borrowing comes as high-yield supply remains strong in the muni market.

Debt proceeds are earmarked for renovations to the university's football stadium, as well as for student housing, parking and other athletic projects.

The College of the Holy Cross, enjoying rising student demand in a time when other private schools are struggling, will take out variable-rate and taxable debt.

The Nashville-based private university plans to sell up to $430 million of tax-exempt bonds.

Ohio Dominican University became the latest Midwest private religious college to run into financial trouble after it missed a bond payment.

The Quincy, Massachusetts, mayor wants the city to issue debt to buy the former Eastern Nazarene campus. There is concern about the city's high debt load.

Moody's Ratings has announced a credit rating downgrade to A2 from A1 for AU, due to operating pressure which comes on the heels of a 4% tuition hike earlier this spring.

Saint Francis University in Pennsylvania, also grappling with the stresses facing many smaller schools, downscaled its sports program to NCAA Division III.

Hacking group ShinyHunters took credit for the data breach that affected the Instructure-owned Canvas learning management system.