DBRS Takes Rating Actions on 2 Student Loan Securitization Transactions

DBRS, Inc. (DBRS) has taken action on 2 student loan securitizations. All of the 32 tranches reviewed were confirmed. The transactions reviewed were as follows:

Brazos Higher Education Authority, Inc. 2004A Trust
Access Group, Inc., Series 2008-1

Collateral performance and credit enhancement levels for the transactions are within expectations for the respective tranches at their current rating levels.

Notes:
The applicable methodologies are 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.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.