NY -- Standard&Poor's CreditWire 7/8/97 -- Standard&Poor's today has assigned its triple-'A' rating to New Jersey Education Facilities Authority, N.J.'s $22.15 million revenue bonds series 1997E due July 1, 2007, issued for Princeton University. Standard&Poor's has affirmed its triple-'A' rating on debt issued for Princeton University as follows: -- $127.84 million bonds series 1988A, 1989A, 1990A, 1991A, 1992F, 1993B, 1994A, 1995C, and 1996C, issued by New Jersey Education Facilities Authority; and -- $58.05 million taxable bonds series 1994 A-C, issued by Princeton University. The rating reflects: -- Stable enrollment trends and highly selective admissions; -- A very prestigious academic reputation; -- Considerable financial flexibility afforded by a diverse revenue stream and substantial liquidity; and
