December 22, 2011
S&P Upgrades Worcester State
Standard & Poor's Rating Services has upgraded Worcester State University's rating from A- to A.
S&P also gave the university a "stable" outlook. The rating agency said the upgrade reflects WSU's enrollment growth, low debt levels and financial resources. The report noted that the university's debt service represents only 1.3 percent of its operating expenses and that its unrestricted net assets represent 239 percent of its outstanding debt.
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