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Another N.J. college hit with debt rating downgrade

 

EWING -- A Wall Street rating agency downgraded more than $200 million of the College of New Jersey's debt Thursday out of concern, in part, over unpredictable state funding and the potential for smaller gains in enrollment. Fitch Ratings dropped the college from an "AA" rating to "AA-" because of the school's slim financial resources and…

 

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