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    Fitch Affirms Senior and Subordinate Notes of Nelnet Student Loan Trust ...

    18.05.12

    NEW YORK, May 11, 2012 (BUSINESS WIRE) -- Fitch Ratings affirms both senior and subordinate student loan notes at 'AAAsf' and 'BBsf' issued by Nelnet Student Loan Trust series 2007-2. The Rating Outlook on the senior notes, which is tied to the sovereign rating of the U.S. government, remains Negative, while the Rating Outlook on the subordinate note remains Stable. Fitch used its 'Global Structured Finance Rating Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings.


    Source: MarketWatch (press release)

    Renewal of low student loan rate critical to national interest

    18.05.12

    I think it is very much in the national interest for the rate to be renewed and not in the interest of either party to oppose it. And I think it surely will be renewed, but not until the parties finish the little game they are playing.

    The House has already passed a bill to renew the rate and financed the $6 billion annual cost of the renewal by closing tax loopholes that benefit wealthy stockholders. In the Senate, the bill could not get the votes needed to overcome a filibuster.


    Source: Sarasota Herald-Tribune