Higher education bonds

Accusations that the university violated a moral obligation in connection with bonds for a student housing P3 are false and defamatory, its attorney says.

The law firm representing the trustee for a $250 million student housing complex accused the University of Oklahoma of predatory behavior.

An increased reliance on endowment spending put the highly selective liberal arts college at risk of a credit downgrade.

The university scaled back its parking and commercial leases at the public-private student housing project, which is dipping into its debt service reserve.

The Civic Federation endorsed the system's 2020 budget but raised concerns over the community college system's long-term fiscal outlook.

Spendable cash and investments have nearly doubled since 2014, according to Moody's Investors Service.

Facing Gov. Mike Dunleavy's 40% cut in state funding, the regents passed a measure allowing it to lay off tenured professors and close campuses.

The college is heading into the market as it remains the center of a libel lawsuit that may cost it more than $25 million in punitive damages.

Texas A&M University System will price $430 million of taxable bonds, including $230 million to advance refund tax-exempt debt.

The university wants to upgrade its dormitories.