Higher education bonds

Marcia Clark, head of California’s Fixed Income Academy, says business schools need to offer more bond classes. Co-hosted by Paul Burton and Keeley Webster.

When the future of tax-exempt bonds for nonprofits was unclear, the Dormitory Authority of the State of New York unleashed many end-of- year transactions.

The Illinois State University board of trustees will have a special meeting at 11 a.m. Saturday to speed up issuance of revenue bonds ahead of possible changes in the federal tax code.

The state-supported Kentucky university’s bond rating was downgraded to A-plus by S&P Global Ratings.

Some of the proceeds will refund tax-exempt bonds issued for the university through St. Joseph County.

The U.S. higher education sector is facing some challenges as 2018 dawns, S&P Global Ratings senior director Jessica Matsumori tells The Bond Buyer. Tax reform, affordability and tuition discounting are just a few of the tests higher ed may see in the coming year. John Hallacy hosts a lively discussion of the sector, which currently has an overall stable outlook.

While Congress sets its focus on overhauling the nation's tax code, one provision of plans introduced in both the U.S. House and Senate could have unexpected and far-reaching implications for LSU fans.

Many large schools have already dipped their toes into the taxable bond market, but smaller schools would find it tougher.

Registered voters in Laramie County will decide on Tuesday whether they want to pay additional property taxes to renovate local college buildings.

Luzerne County’s debt refinancing package turned out much better than planned.

Moody’s Investors Service moved the outlook to negative in advance of a $40 million revenue bond sale.

The university has overspent by $25 million annually for four years, its president says.

The Santa Fe Community College Governing Board on Wednesday unanimously approved a plan to hold a joint election with Santa Fe Public Schools, in which voters will be asked to renew a combined $95 million worth of bonds for campus improvements.

State-related and other schools are taking a good, hard look at their business models.

The Santa Fe school board voted to hold a joint election with Santa Fe Community College, with both entities asking for about $95 million in GOs.

Federal allegations of basketball recruiting violations could lead to sanctions that reduce revenues for the Louisville Arena Authority's bonds.

Irresponsible practices by policymakers drove debt to $11.7 billion, according to a report refuted by a pension official.

S&P Global Ratings cited concerns about operating margins at the Philadelphia university.

The university and its foundation are on review because of allegations into recruiting violations.

The new state budget provides funding certainty, but the universities' struggles will linger.