Quality | 2014.07.25
Fitch Affirms PHEAA 2005 Trust Indenture
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the Pennsylvania Higher Education Assistance Agency 2005 Trust Indenture senior and subordinate notes at \'AAAsf\'. The Rating Outlook is Stable for all of the notes. KEY RATING DRIVERS High Collateral Quality: The trust collateral is comprised of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch\'s opinion, based on the guarantees provided by the transaction\'s eligible guaranto
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