...OVERVIEW + We reviewed Vermont Student Assistance Corp.'s series 2014-B, an ABS transaction backed by a pool of FFELP and private student loans. + We affirmed our 'A (sf)' rating on the series 2014-B notes to reflect our view that the collateral performance and the current credit enhancement level are as expected. NEW YORK (S&P Global Ratings) Nov. 14, 2017--S&P Global Ratings today affirmed its 'A (sf)' rating on Vermont Student Assistance Corp.'s (VSAC's) series 2014-B notes. The note issuance is an asset-backed securitization (ABS) transaction backed by a pool of U.S. Department of Education's Federal Family Education Loan Program (FFELP) loans (56%) and private student loans (44%) made under VSAC's loan programs. The affirmation reflects our view of the expected collateral performance and the current available credit enhancement level, which we believe is sufficient to support the notes at their current rating level. CURRENT CAPITAL STRUCTURE(i)...
