Last Spring, Moody’s Investors Service raised the alarm about generous repayment plans for federally guaranteed student loans, putting nearly $40 billion of bonds backed by these loans under review for possible downgrades.

The reviews were shelved when Moody’s subsequently decided to conduct a wholesale review of its criteria for rating Federal Family Education Loan Program (FFELP) securitization on July 9, 2015, leaving 58 deals in ratings purgatory.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.