Nearly three years ago, in a span of just nine months, the North Harris Montgomery Community College District lost a bond referendum and its chancellor. Nine months later, the Houston-area district had a new leader, a new name, and a victorious bond issue. And this May--a year after the successful bond vote--the college bought an office complex…

Dozens of colleges and universities, including some of the country's wealthiest institutions, are facing a sharp rise in interest payments on a whopping mound of debt. About a third of the nearly 300 private institutions rated by Moody's Investors Service are financing more than half their debt with variable-rate bonds, some of whose rates have…

Colorado's College Opportunity Fund is an educational program that affords public universities greater administrative freedom while diminishing financial support from the state. Under the new system, students receive stipends from government while universities are allowed greater freedom setting tuition and issuing bonds. This article discusses…