DBRS Confirms Ratings of Student Loan ABS Transactions

DBRS, Inc. has conducted a review of several outstanding U.S. structured finance student loan asset-backed securities transactions. Of the three publicly rated series reviewed, a total of 39 outstanding classes were confirmed and 5 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 public transactions have been reviewed:
• Access Group, Inc., Series 2008-1
• Brazos Higher Education Authority, Inc. 2004A Trust
• Goal Capital Funding Trust 2007-1

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.