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New Jersey School District Downgraded After Bankruptcy Threat

Bloomberg•Tuesday, September 23, 2025 at 9:33:04 PM
NegativeFinancial Markets
New Jersey School District Downgraded After Bankruptcy Threat
The Toms River Regional School District in New Jersey has faced a setback as its bond rating was downgraded by S&P Global Ratings. This decision follows alarming threats from school officials to file for bankruptcy, raising concerns about the district's financial stability and its ability to provide quality education. This situation is significant as it highlights the challenges many school districts face in managing budgets and resources, potentially impacting students and staff.
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