Higher education bonds

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.