IHEP

Directory of Student Loan Programs

  • ABSNet (Issuers in Student Loans) —Provides details of student loan securitizations including deal summaries and performance data. Most transactions are based in the United States. (Basic information requires a free subscription. Full access requires a paid subscription.)
  • American Securitization Forum —An independent organization that promotes the securitization industry and supports market regulatory and legislative priorities. The ASF publishes weekly reports and a twice-yearly journal, American Securitization. (The Web site also contains a student loan issuers’ subforum, accessible only by members.)
  • Asian Securitization Forum —A body of securitization professionals, issuers, and investors in Asia. (The Web site is currently under construction.)
  • Barbara Kiviat. 2009. Sunk by Securitization. Time. January 29. —This article describes the relationship between over-reliance on securitization in the credit market and the current global financial crisis, including details on securitization of student loans. The author suggests that while securitization is an important tool in the credit, it should be used more cautiously, and on a more limited basis, in the future.
  • Fitch Ratings —Provides ratings of domestic and international student loan transactions as well as government reinsured and private student loans.
  • Fitch Ratings. 1997. Comparing UK and US Student Loans. —A prospective look at the market for student loans in the United Kingdom after the passage of legislation allowing tuition fees to be charged. The possibility of securitizing student loans in the United Kingdom is considered.
  • Fitch Ratings. 2009. Private Education Loans: Time for a Re-Education. —This article discusses how college costs, federal student aid, and legislation drive growth trends in private education loans, explains how dislocations in the capital markets have impacted funding options for loans and how the structure of the private student loan may need to change, and provides an analysis of recent credit trends for large private lenders.
  • Frank J. Fabozzi. 2001. Investing in Asset-Backed Securities. New Hope, PA: Frank J. Fabozzi Associates. —Numerous books address the topic of securitization; this book provides a basic introduction to asset-backed securities (also known as ABS), a type of securitization that includes student loans.
  • Moody’s —Provides ratings of asset-backed securities (also known as ABS), including student loans. However, it does not provide a separate Web page for student loans. (Access requires a free subscription.)
  • News Site: ABSNet —Focuses on asset-backed securities (also known as ABS), a subset of the securitization market that includes student loans. (Some content is accessible with a free registration.)
  • Securities Industry and Financial Markets Association (SIFMA) —SIFMA is a membership organization for the securities industry, comprised of over 600 firms around the world. Its stated goals are to "enhance the public’s trust and confidence in the markets, and deliver an efficient, enhanced member network of access and forward-looking services, as well as premiere educational resources for the professionals in our industry and the investors whom they serve."
  • Standard & Poor’s —Covers numerous types of ABS, including student loans, but it does not provide a separate Web page for student loans.
  • The European Securitisation Forum —Promotes the efficient growth and continued development of securitization throughout Europe, and advocates the positions, represent the interests, and serve the needs of its members—European securitization market participants. Their Web site provides extensive news coverage, statistics on securitization issuance in Europe, and links to other organizations of interest.
  • Vinod Kothari. 2006. Securitization: The Financial Instrument of the Future. —A comprehensive reference on all aspects of securitization.

© Institute for Higher Education Policy 1993-2008