Ahead of Northeastern’s expected bond sale at the end of the month, Moody’s Investors Service said in a credit rating that the university has a stable outlook for its financial future but relies narrowly on student charges for revenue. The university is expected to sell $50.9 million in revenue bonds on August 27, according to a statement from Moody’s. Moody’s assigned an A2 rating to these bonds.This represents a mid-level A rating; the highest rating Moody’s offers is AAA.
Leymah Gbowee, a winner of the 2011 Nobel Peace Prize, is scheduled to speak during the Millennium Campus Conference (MCC) at Northeastern in September, event organizers announced this week.
As part of Northeastern University’s Institutional Master Plan process, under the auspices of the Boston Redevelopment Authority, the university and the Community Task Force invite residents to a community meeting to a public discussion.
Construction crews began work last week on a 17-story residence hall behind the YMCA on Huntington Avenue, a project expected to start more than a year ago that was delayed by years of litigation and community resistance.
The Marino Center will expand this fall when a new cycling and fitness training area called Revolutionz fills the street-level space vacated in 2011 by Nutrition One.
In its latest list of America’s top overall colleges, Forbes.com ranked Northeastern 411, one spot behind the University of Kentucky and one ahead of the SUNY College of Environmental Science and Forestry. Four-year graduation rates are one factor in determining a school’s position on the list, but Northeastern is traditionally a five-year school. In the latest ranking, the university’s four-year graduation rate is zero percent.
There’s a blueish glow coming from the ground-floor windows of West Village F. Inside it looks like the Jetsons’ living room. Or maybe the waiting area for a Disney roller coaster. It could be a new model for the Apple store. But in reality, it’s Northeastern’s new visitor center, which moved from the Behrakis Health Sciences Center in the second week of July.
Christina Gilmartin, founder of Northeastern’s Asian Studies Program and an internationally renowned scholar of 20th-century Chinese history, died July 12 from breast cancer.
A 2008 Northeastern graduate accused of planning a terrorist attack on the US Capitol and the Pentagon has agreed to plead guilty to federal charges, according to an agreement filed in court Tuesday. Rezwan Ferdaus, who holds a bachelor’s degree in physics from Northeastern, allegedly planned to fly remote-controlled aircraft packed with explosives into the Capitol and Pentagon. According to the filing, prosecutors and the lawyers for Ferdaus have agreed that he should serve 17 years in prison followed by 10 years of supervised release.
The Marino Center was evacuated for more than an hour Friday morning after a small fire broke out in an underground transformer behind the building, according to fire officials. Shortly before 11 a.m., firefighters were called to the corner of Forsyth Street and Speare Place, where an NStar employee working in a manhole had sprayed a chemical on the transformer. There were no injuries reported.
The debate over whether members of the Student Government Association’s (SGA) executive board should be paid will extend into the fall after a university administrator last month overturned a decision to cut stipends from the association’s budget. The Finance Board slashed SGA’s budget in March, denying the organization nearly $30,000 in Student Activity Fee (SAF) funds for stipends. But then-President Mike Sabo appealed, and Dr. Laura Wankel, the university’s vice president for student affairs, struck down the original funding decision last month.
