.... Positive Effects of the Economy: Overall, private student loan (PSL) delinquency and defaults continued to benefit from the strengthening economy. Fitch Ratings expects this trend to continue into 2015. Delinquency Rates Remained Low: Despite a slight uptick from the previous quarter, 90¡120 days delinquency were lower than 3Q13 as the unemployment rate further declined in December to 5.6% from 6.7% a year earlier. Declining Gross Defaults: Year over year and gross defaults continued to improve, reaching 2% in 3Q14, a 106-bps improvement over the past year....