Press Release

DBRS Morningstar Publishes Updated Methodology for Rating U.S. Private Student Loan Securitizations

Student Loans
October 26, 2021

DBRS Morningstar published an updated version of its “Rating U.S. Private Student Loan Securitizations” methodology (the Methodology).

DBRS Morningstar has conducted a periodic review of the Methodology. No material changes to the Methodology were made. This update supersedes the previous version published on November 5, 2020, and is effective as of October 26, 2021. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

Notes:
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482/baseline-macroeconomic-scenarios-application-to-credit-ratings

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.