News Column

Fitch: U.S. Private Student Loan ABS Index Update

May 14, 2014



NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Private Student Loan ABS Index Report Card -- Amended

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=748421

Fitch's U.S. Private Student Loan ABS Index is the newest in its series of structured finance index reports. The report, which tracks delinquency and default rates for private student loan ABS, and new issuance trends, is updated quarterly and available at 'www.fitchratings.com' or by clicking on the link.

An improving economy is positioning U.S. private student loan ABS for a more stable performance in the coming months, according to Fitch Ratings quarterly index.

An update on private student loans 90-120 day delinquencies indicates a range between 0.69% and 0.84% while annualized gross defaults have narrowed, ranging between 2.68% and 2.91% for for-profit lenders and not-for-profit lenders. The main reasons are modest job growth and the slowly improving U.S. economy, which also means less reliance on student loan forbearance.

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. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.



Fitch Ratings

Tracy Wan

Senior Director

+1 212-908-9171

Fitch Ratings, Inc.

33 Whitehall Street

New York, NY 10004

or

Jeffrey Prackup

Director

+1 212-908-0839

or

Media Relations, New York

Sandro Scenga, +1 212-908-0278

sandro.scenga@fitchratings.com

Source: Fitch Ratings


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