Quality | 2015.02.24
Fitch Affirms PHEAA Student Loan Trust 2014-1
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the PHEAA Student Loan Trust 2014-1 senior note at \'AAAsf\' and subordinate note at \'Asf\'. The Rating Outlook remains Stable for both classes. KEY RATING DRIVERS High Collateral Quality: The trust collateral consists of 100% Federal Family Education Loan Program (FFELP) loans, including approximately 12% rehabilitated (rehab) FFELP loans. The credit quality of the trust collateral is high, in Fitch\'s opinion, based on the guarantees provided
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