Private student loans originated after 2008 are performing better than Federal Family Education Loan Program (FFELP) student loans, according to a Moody’s Investors Service report.

According to the report the cumulative default rates for the 2008-12 private student loan securitizations rated by Moody’s is substantially lower than those of pre-2008 securitizations – that rate in 2012 was less that 2% compared to 21% in 2007.

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.