NEW YORK (Standard&Poor's) Oct. 2, 2012--Standard&Poor's Ratings Services today placed its ratings on 12 bonds issued from Rhode Island Student Loan Authority on CreditWatch with positive implications (see list). These bonds were issued pursuant to the 2004 Trust Indenture and are backed by a collateral pool of private student loans. We placed the ratings on the bonds on CreditWatch positive to reflect our view of the increase in credit enhancement. In January 2012, the issuer executed an amendment that changed the parity (a ratio of assets to liabilities) ratio required in order for the trust to release excess cash at the bottom of the waterfall back to the issuer to 117% from 103%. Additionally, the consent
