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Fitch: With U.S. Debt Agreement, Student Loan ABS Avoids Rating Actions

August 2nd, 2011 · No Comments

NEW YORK--(BUSINESS WIRE)--While the debt ceiling agreement ostensibly means that the U.S. has averted a rating downgrade for now, federal family education loan program (FFELP) student loan asset-backed securities (ABS) sidestepped any potential rating actions according to Fitch Ratings in its latest 'Student Loan Report Card.' Earlier this year, the Department of Education came closer to ...

→ No CommentsTags: Credit Cards · Student Loans

Fitch: With U.S. Debt Agreement, Student Loan ABS Avoids Rating Actions

August 2nd, 2011 · No Comments

NEW YORK--(BUSINESS WIRE)--While the debt ceiling agreement ostensibly means that the U.S. has averted a rating downgrade for now, federal family education loan program (FFELP) student loan asset-backed securities (ABS) sidestepped any potential rating actions according to Fitch Ratings in its latest 'Student Loan Report Card.' Earlier this year, the Department of Education came closer to ...

→ No CommentsTags: Credit Cards · Student Loans

Debt Ceiling Deal To Add Thousands To Grad Student Loan Bills

August 2nd, 2011 · No Comments

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Alan Siegel: Student Loan Consolidation: Even the Best and Brightest Are Befuddled

August 2nd, 2011 · No Comments

Economic consequences of defective loan consolidation programs puts many students even further in debt and destroys their confidence in government Despite President Obama's quick and...

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Debt Downgrade Unlikely to Push Interest Rates Higher

August 2nd, 2011 · No Comments

The humiliation of a credit rating downgrade for the U.S. would enact some psychological damage but is widely viewed as less likely to cause any actual carnage on interest rates.

→ No CommentsTags: Credit Cards · Debt Consolidation