Extremely low interest rates and an improved financial environment in the United States are encouraging educational institutions to refinance and take on debt, Reuters reports. As university endowments continue to refill their coffers after the credit crisis, school administrators are starting to consider borrowing money to maintain the premises and spend in their institutions. Credit rating agencies have seen a sharp increase in rating requests from U.S. colleges and universities in the month of February as these institutions seek to take advantage of the near zero rates to borrow more debt or refinance existing ones.That means increased supply of investment-grade-rated debt from colleges and universities, an asset that is favored by safety conscious investors…

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eCampus News staff and wire reports


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