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Fitch Issues Presale Report on South Carolina Student Loan ...

NEW YORK--(BUSINESS WIRE)--July 6, 2006--Fitch has issued a presale report on South Carolina Student Loan Corporation, 2006 Series.

The Presale report is available to all investors on Fitch's corporate site, www.fitchratings.com. For more information about Fitch's comprehensive subscription service FitchResearch, which includes all presale reports, surveillance, and credit reports on more than 20 asset-backed securities (ABS) asset classes, including collateralized debt obligations (CDOs), contact product sales at 1-212-908-0800 or at webmaster@fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times.

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Pupils underestimate level of graduate debt, survey finds

The average sixth-former expects to leave university with debts of just over £6,000 - less than half the average amount graduates actually owe, research showed today.

Students aged between 16 and 19 expect to graduate with debts of £6,199, £1,000 less than the £7,208 people asked the same question last year expected to owe, despite tuition fees of up to £3,000 a year being introduced in September.

Parents were not much better at estimating the financial burden of going to university, with the average parent expecting their child to accrue debts of £7,080.

But in reality people graduating from university this year owe an average of £13,500, according to the Association of Investment Trust Companies (AITC).

Around 55% of potential students said financial concerns were their biggest worry about going to university, with 37% specifically worried about debt and 18% concerned about managing their finances generally.

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