DBRS Takes Rating Actions on U.S. Student Loan Asset-Backed Securities
Student LoansDBRS Inc. has conducted a review of all outstanding U.S. structured finance student loan asset-backed securities transactions. Of the 21 transactions reviewed, 67 classes were confirmed and 24 classes were discontinued due to repayment of the noteholders.
The collateral supporting the transactions is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.
The following transactions have been reviewed:
•Access Group, Inc., Series 2008-1
•Brazos Higher Education Authority, Inc. 1992C Trust, Series 2001
•Brazos Higher Education Authority, Inc. 1992C Trust, Series 2002
•Brazos Higher Education Authority, Inc. 1992C Trust, Series 2003
•Brazos Higher Education Authority, Inc. 1992C Trust, Series 2007
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2004-1
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2005-1
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2005-2
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2005-3
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2006-1
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2006-2
•Brazos Higher Education Authority, Inc. 2004 Trust, Series 2007-1
•Brazos Student Finance Corp., 1995 Trust
•Educational Funding Services, Inc., Series 2005-1
•Educational Funding Services, Inc., Series 2006-1
•Educational Funding Services, Inc., Series 2007-1
•GCO Education Loan Funding Master Trust-II, Series 2006-2
•GCO Education Loan Funding Master Trust-II, Series 2007-1
•Goal Capital Funding Trust 2007-1
•Illinois Student Assistance Commission, Series 2009
•SLC Private Student Loan Trust 2010-B
Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
Ratings
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