Higher education bonds

Rhode Island Gov. Gina Raimondo proposed a $9.3 billion budget that calls for two years of free tuition at public colleges for in-state students.

Citing improving market conditions, the University of Houston plans to increase its offering in a competitive sale by $40 million to more than $400 million.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

The University of Michigan heads into the New Year with a triple-A rated $450 million general revenue bond deal.

The Illinois Institute of Technology is at risk of losing its investment grade rating after a negative outlook revision.

The University of Pittsburgh intends to sell roughly $525 million of Series 2017A taxable university refunding bonds.

State-supported universities in Texas will start the New Year with more than $1.5 billion of bonds expected to price in January.

Hamline University in Minnesota is at risk of losing of its investment grade credit due to balance sheet strains after a downgrade to Baa3.

Debt-ridden Dowling College has filed for Chapter 11 bankruptcy with two of its Long Island properties now on the market in an effort to aide bondholders.

The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.