NY -- Standard&Poor's CreditWire 4/28/98 – Standard&Poor's today assigned its single-'A' underlying rating (SPUR) to New Jersey Educational Facilities Authority's revenue bonds series 1998E dated April 1, 1998 due July 1, 2028, issued for Jersey City State College. The bonds, which are expected to receive a triple-'A' rating based on bond insurance are scheduled to sell the week of May 4, 1998. In addition, Standard&Poor's affirmed its single-'A' rating on the authority's student center bonds series 1977C, also issued for Jersey City State College. The rating reflects a solid demand profile, good accumulation of unrestricted funds, and a low debt burden. Although growth in state support has been flat, support on a per student
