Higher education bonds

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.

Universities targeted by Donald Trump's crackdown on diversity programs and other policies he says show a liberal bias are essentially bleeding at the negotiating table after taking on debt, laying off hundreds of staff and slashing spending.

Amid higher ed sector headwinds, financially challenged colleges and universities have options, although the choices may be difficult, Orrick attorneys write.

A number of universities have used the capital markets for financing as the Trump administration targets federal funding for higher education.

Columbia College Chicago was lowered one notch to BB-plus from BBB-minus by S&P Global Ratings, citing the school's falling headcount and diminished demand.

A group of local residents in upstate New York is planning to buy the shuttered Cazenovia College campus for $9.5 million.

The comprehensive federal tax bill President Trump signed July 4 is credit negative for universities, Moody's Ratings said.

University of Virginia president James Ryan resigned under White House pressure as the Trump administration pushes higher education to comply with its ideology.

The first public bond issue from Everglades College, Inc., will finance projects on the institution's Keiser University flagship campus in West Palm Beach.

After the University of Idaho canceled plans to buy the for-profit online University of Phoenix, Moody's Ratings removed the school from watch for downgrade.

The university cut campuses in areas with declining populations; this week it plans to issue bonds to fund football stadium renovations.

Notre Dame College in Ohio faces legal action on at least three fronts after defaulting on bond debt and a swap agreement and allegedly misusing donor funds.

The deal to buy the for-profit University of Phoenix faced opposition from the state attorney general and lawmakers and rating agency questions.

Primary bond market volume was up 3.6% year-over-year to $49.9 billion, according to LSEG data.

Chinese students comprise nearly half of international students attending University of California schools.

Investors want to be compensated for the uncertainty.

Two Midwest schools in the municipal bond market this month illustrate the range of funding challenges facing higher education under the Trump administration.

The Phoenix-based university will not have to pay a $37.7 million fine after the U.S. Department of Education dropped its case.

Student loan issuers are watching federal policy, from the Department of Education to the tax-exemption, to decide on the timing and size of their annual deals.

Federal threats to grants and the tax exemption continue to push universities to the bond market. This week, it was MIT, Yale, and Suffolk University's turn.