...August 26, 2020 OVERVIEW - We affirmed our '##+ (sf)' rating on the New Jersey Higher Education Student Assistance Authority's 2010-FFELP transaction class A-2 notes. - The affirmation reflects our view of credit enhancement level appropriate for the current rating, collateral profile, and available liquidity. - The rating action also reflects our view that the transaction has sufficient liquidity to cover interest payments to the notes over the next several months, despite the impact from the COVID-19 pandemic. CENTENNIAL (S&P Global Ratings) Aug. 26, 2020--S&P Global Ratings today affirmed its '##+ (sf)' rating on New Jersey Higher Education Student Assistance Authority's 2010-FFELP class A-2 notes. The transaction is backed by a pool of student loans originated through the U.S. Department of Education's (ED's) Federal Family Education Loan Program (FFELP). Our review considered the transaction's collateral performance and available liquidity, changes in credit enhancement, and capital...
