S&P Upgrades SMU's Debt Rating
Posted: Wed Jul 25, 2007 11:38 amin its latest report on the nations' private universities 2006 Ratios For U.S. Private Colleges And Universities
Notable Excerpt:
Southern Methodist University, Texas to 'AA-' from 'A+'
The debt rating on Southern Methodist University was raised to 'AA-' from 'A+' based on improved student demand and selectivity, demonstrated fund-raising capacity, adequate levels of cash and investments, and consistently strong operating performance.
S&P Report:
http://www2.standardandpoors.com/portal ... .html#ID91
Inside Higher Ed story
http://insidehighered.com/news/2007/07/25/sandp
Notable Excerpt:
Southern Methodist University, Texas to 'AA-' from 'A+'
The debt rating on Southern Methodist University was raised to 'AA-' from 'A+' based on improved student demand and selectivity, demonstrated fund-raising capacity, adequate levels of cash and investments, and consistently strong operating performance.
S&P Report:
http://www2.standardandpoors.com/portal ... .html#ID91
Inside Higher Ed story
http://insidehighered.com/news/2007/07/25/sandp