Higher education bonds

Drew University's bonds went deeper into junk territory after Moody's Investors Service cited the small Madison, N.J., private college's "unsustainable operating deficits" and weakening reserves.

The New Jersey Educational Facilities Authority achieved record bond volume in 2016, the higher education conduit issuer announced Friday.

Threats to St. Louis University’s medical accreditation adds some remote credit risks to the school’s rating if not successfully resolved, Moody’s Investors Service said.

New Jersey Gov. Chris Christie signed legislation Monday that invests $34 million from a state bond program for facility enhancements at colleges and universities.

Illinois' public colleges and universities remain at risk of further credit damage after 21 months of state budget gridlock, Moody's Investors Service said Thursday.

The University of Missouri’s AA-plus rating carries a stable S&P Global Ratings outlook, up from negative.

Resignations by nearly all of the leadership at the University of Puerto Rico in protest to budget cuts have heightened S&P Global Ratings’ concerns over the school’s debt challenges.

Howard University and Rhode Island-based vendor Corvias say their 40-year deal to renovate school halls will change the face of public-private partnerships.

Chicago-based Roosevelt University’s rating was dropped further into junk territory over its ongoing enrollment struggles that haven’t been helped by the state budget impasse.

Puerto Rico Gov. Ricardo Rosselló’s office blasted the president of the University of Puerto Rico for failing to provide information expected to be used to slash the university’s subsidy.