<p>Public university report is strange—no UMass Amherst (state flagship), but Worcester State University IS listed, and the other “state universities” (Bridgewater State, Fitchburg State, Salem State), etc are not</p>
<p>Some colleges do not apply for bond ratings. For example, some public universities use a separate corporation to build their residence halls, which is separately rated. Some public universities may use public agencies for much of their financing. </p>
<p>Many publics only can use debt through the state bonding process and get the state rating for their bonds. UWisconsin System is large example of this.</p>
The link for Standard and Poor’s online report that listed the bond ratings of all public colleges no longer works. The link for private colleges also no longer works. I couldn’t find it in a search today. If anyone does find a revised link, please post it.