Higher education bonds

The University of Texas Regents approved $265.5 million of bonds backed by the state's Permanent University Fund.

During a board meeting Wednesday, the University of California's new president proposed a tuition freeze for the next academic year in order to keep costs affordable.

Texas A&M University System will price $210 million of top-rated bonds backed by the state's Permanent University Funds in a competitive sale Wednesday.

Moody's Investors Service has revised its outlook on the University of Chicago Medical Center's Aa3 rating to negative over declines in is operating margins over the last two fiscal years.

The State University of New York promised to restore ambulance service to Brooklyn's Long Island College Hospital on Friday after opponents of the facility's closure threatened legal action, arguing the cancellation violated a Sept. 4 court order.

Moody's revised its outlook on Penn State to positive from stable, citing the $60 million settlement with sex-abuse victims of ex-assistant football coach Gerry Sandusky.

Houston Community College District carries the largest debt load among community colleges in Texas with $617 million, according to Texas Comptroller Susan Combs.

The University of Oklahoma is considering further football stadium improvements amid record levels of expansion at competing universities.

The Internal Revenue System has closed an audit of bonds issued by the board of regents of the University of Houston System in 2004 with no change to the bonds' tax-exempt status.

Moody's lowered the rating of Alabama State University to A3 from A2, and said the rating could drop further when the final results of a forensic audit are known.

Triple-A Northwestern University in Illinois plans to offer nearly $600 million of taxable debt to raise new money for ongoing capital work and refund some now callable debt for savings.

After nearly two years of analysis, Indiana University has dropped its effort to privatize its parking system.

Standard & Poor's revised its outlook on Brooklyn Law School bonds to negative, and warned that law school enrollment could continue to decline nationwide.

Major colleges and universities face growing risks after boosting subsidies for sports programs, according to a report from Moody's Investors Service.

Moody's Investors Service downgraded Yeshiva University to Baa2 from Baa1.

The University of Colorado System plans to expand its campuses with $150 million of taxable and tax exempt revenue bonds.

Public Financial Management announced Thursday that it has expanded its higher education practice in the Los Angeles office.

City Colleges of Chicago hit the road Thursday to promote a $250 million general obligation sale that garnered double-A level level ratings but carries the blemish of the city’s name.

Fitch Ratings downgraded Cerritos Community College District from AA-plus to AA with a stable outlook impacting $57.5 million in bonds.

Ohio Gov. John Kasich formally launched the work of crafting a new two-year capital budget last Saturday by meeting with the leaders of the state's higher education institutions.