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The system is managing the pandemic's impact on its campuses and hospitals, as well as a drop in the price of oil, which supports it financially. Neither situation is expected to shake its rating strength.
May 18 -
Declining state support and COVID-19-related funding pressures triggered a second downgrade to New Jersey City University in advance of a $52 million borrowing.
May 12 -
Uncertainty surrounding whether colleges and universities can safely open their doors this fall adds stress to the already challenged higher education sector.
May 8 -
Moody's downgrades regional public university two notches to Baa3 ahead of a $52 million revenue refunding bond sale.
May 4 -
S&P shifted its outlook the Illinois public universities it rates to negative as questions abound over how the state will manage revenue losses.
April 14 -
Tuition revenue headwinds made worse by the COVID-19 pandemic cost New Jersey’s Rider University its investment grade rating.
April 7 -
Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.
March 30 -
Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.
March 27 -
The rapid spread of COVID-19 creates a great deal of uncertainty about the well-being of U.S. colleges and universities.
March 27