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News from Business Wire

Fitch Publishes the Third Quarter Edition of the Student Loan Report Card

14:19 EST Tuesday, November 03, 2009

NEW YORK (Business Wire) -- Healthcare reform may take preference to student aid legislation, according to Fitch Ratings in its latest edition of 'The Student Loan Report Card'.

In September, the U.S. House of Representatives passed the Student Aid Financial Responsibility Act of 2009 (SAFRA). The bill has since been referred to the Senate, but no significant movement has occurred thus far.

In this edition, Fitch provides a recap of the recent legislation aimed at private student loans, and trust performance is also discussed. In the quarter, rating actions were limited to the assignment of Rating Outlooks and Loss Severity ratings.

Additional information is available at www.fitchratings.com.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

© Business Wire


 

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