Higher education bonds

A bill introduced in the House would make municipal bonds issued by historically black colleges and universities tax-exempt at the federal, state and local levels.

Moody's revises Boston University's outlook to positive from stable while affirming the school's A1 rating.

New Jersey’s Stockton University is holding a bond sale Thursday to raise proceeds for its planned new $178 million Atlantic City campus.

The University of Chicago Harris School of Public Policy’s municipal finance center is offering grants for academic research projects on topics that range from public sector pensions and bond financing to infrastructure, taxation, and the politics of public finance.

The University of Illinois is preparing to refund $116 million while highlighting for investors what it describes as diverse revenues and growing enrollment that have lessened the strains of coping with the state’s budget mess.

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.

Bard College in New York's Dutchess County was moved further into junk territory Wednesday after Moody's Investors Service downgraded the school's revenue bonds one notch to B1 with a negative outlook citing increased debt levels.

Governors State University lost its investment grade rating in the latest credit fallout to hit Illinois higher education institutions from the state’s budget mess.

Vanderbilt University in Nashville, Tenn.’s bond outlook is positive and could lead to a rating upgrade because of its financial separation from Vanderbilt Medical Center, S&P Global Ratings said.

The University of Texas System will bring its triple-A credit to two bond deals worth a combined $609 million.

A Kentucky judge has granted a temporary injunction blocking Gov. Matt Bevin from removing the University of Louisville's trustees.