...OVERVIEW + We affirmed our ratings on 38 notes issued by Vermont Student Assistance Corp. These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is a master trust. At the same time we removed them from CreditWatch negative. + The affirmations reflect our view that the available credit enhancement is sufficient to support the respective classes at their current rating levels of 'A (sf)'. NEW YORK (Standard & Poor's) March 1, 2012--Standard & Poor's Ratings Services today affirmed its 'A (sf)' ratings on 38 classes of notes issued by Vermont Student Assistance Corp. (VSAC). These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is an asset-backed securities (ABS) master trust backed by student loans. Concurrently, we removed the ratings from CreditWatch with negative implications, where we placed them Aug. 9, 2010 (see list). The affirmations reflect our view that the available credit enhancement is sufficient...