Moody’s Investors Service is giving investors and sponsors more time to review proposed changes to its methodology for rating bonds backed by federally guaranteed student loans.

Moody’s also released additional guidance on the proposed changes, which are intended to more accurately reflect the fact that the underlying loans are paying off at a slower rate as the result of plans allowing students to base monthly payments on their income levels. This increases the risk that bonds backed by Federal Family Education Loans may not pay off at maturity.

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