...OVERVIEW + We affirmed our ratings on six classes issued by Rhode Island Student Loan Authority under its 2008 master indenture. + The affirmations reflect our view of the collateral performance and current credit enhancement levels supporting the ratings. NEW YORK (Standard & Poor's) June 12, 2015--Standard & Poor's Ratings Services today affirmed its ratings on six classes issued by Rhode Island Student Loan Authority (RISLA) under its 2008 master indenture (see list). This trust is backed by a pool of private student loans; therefore, these loans are not guaranteed under the Federal Family Education Loan Program. The loans were originated under RISLA's fixed-rate loan program. The affirmations reflect our view of historical and expected collateral performance, which remains in line with our initial expected cumulative default assumption, and the current credit enhancement available to support the notes, including but not limited to subordination (for the class A notes), overcollateralization,...
