2010-08-30 20:23:02 -
Fitch Ratings has affirmed the senior student loan note issued by Massachusetts Educational Financing Authority, Student Loan Asset-Backed Notes, Series 2008. The Rating Outlook is Stable. A full rating list is shown below.
The rating on the senior note is affirmed based on the sufficient level of credit enhancement, consisting of overcollateralization, to cover the applicable basis factor stress.
Fitch has taken the following rating action.
Massachusetts Educational Financing Authority, Student Loan Asset-Backed Notes, Series 2008
--Class A affirmed at 'AAA/LS1'; Outlook Stable;
Additional information is available at ' www.fitchratings.com : 
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Related Research.
--'Global Structured Finance Rating Criteria', dated Aug. 13, 2010;
--'Rating
US Federal Family Education Loan Program Student Loan ABS Criteria', dated April 11, 2008;
--'Fitch to Begin Review of U.S. FFELP SLABS Applying Updated Criteria' dated June 29, 2010.
Related Research.
Global Structured Finance Rating Criteria
www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id= .. :
Rating US Federal Family Education Loan Program Student Loan ABS Criteria
www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id= .. :
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Fitch RatingsPrimary AnalystJeffrey Prackup, +1-212-908-0839DirectorOne
State Street Plaza, New York 10004orCommittee ChairpersonAoto
Kenmochi, +1-212-908-0867Senior DirectororSandro
Scenga, +1-212-908-0278Email:
sandro.scenga@fitchratings.com : mailto:sandro.scenga@fitchratings.com
