Swarthmore College, an elite liberal arts school in Pennsylvania, lost its AAA grade from S&P Global Ratings after running up its debts to finance renovations to dormitories, classrooms and other projects across its campus. Bloomberg's Amanda Albright reports on "Bloomberg Real Yield.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-07-30/swarthmore-loses-aaa-rating-from-s-p-over-debtload-video)