NY -- Standard&Poor's CreditWire 11/4/97 -- Standard&Poor's today assigned its `A-1'-plus rating to New Jersey Educational Facility Authority's tax-exempt commercial paper program series 1997A and taxable commercial paper program series 1997B, issued for Princeton University. The bonds are scheduled to sell the week of Nov. 17, 1997. Standard&Poor's affirmed its `A-1'-plus rating on the university's own commercial paper program series 1997. The total authorization of the three commercial paper programs is $120 million. The rating on Princeton University's commercial paper programs reflects: -- Princeton's extremely prestigious academic reputation, -- Stable enrollment trends and highly selective admissions, -- Considerable financial flexibility afforded by a diverse revenue stream and substantial liquidity, and -- A growing but
