Higher education bonds

Education officials and experts offered suggestions to a House subcommittee Tuesday on how to regulate private universities’ multibillion-dollar tax-exempt endowments, including by making them taxable in some cases because of concerns about their use.

Louisiana State University is bringing its first financing for a $575 million housing and retail privatization, a move that triggered downgrades of the university's outstanding bonds.

Indiana State University heads into the market Wednesday with an $82 million issue, a portion of which will fund renovations to its health and human service building.

The Juilliard's School's outlook was revised to negative from stable by Moody's Investors Service, which sees risks in with the New York-based performing arts conservatory's global expansion plans.

Debt-ridden Dowling College is shutting its doors at end of Wednesday with more than $54 million of bond debt outstanding.

Illinois’ budget crisis and political gridlock have taken a toll on the state’s public colleges and universities, S&P Global Ratings said in a report recapping the credit erosion and warning of a tough road ahead for the schools.

Fifty years ago, Rhode Island Health and Educational Building Corp. issued a $1.6 million bond for a now-defunct biblical school. Since then it has handled roughly $7.4 billion in debt.

Kentucky received an abundance of local proposals for its $100 million bond-financed work-training initiative.

City Colleges of Chicago suffered a two-notch downgrade after it drew down reserves to balance its books amid uncertainty over the timing and size of future state funding.

Michigan's Wayne State University expects to return to the bond market to raise up to $14 million for the new business school for which it broke ground last month.