The pace of student loan asset-backed securitization is on track to beat Standard & Poor’s expectations for full-year 2013, with Federal Family Education Loan Program-backed deals dominating new issues.

S&P said that the annualized year-to-date pace of student loan ABS issuance stands above its full-year forecast of $25 billion. That figure includes both projected issuance of private student loan backed deals and FFELP deals.

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