NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the senior and subordinate notes for SLM Student Loan Trust 2004-4 at 'AAAsf'. The Rating Outlook remains Stable for all classes. KEY RATING DRIVERS High Collateral Quality: The trust collateral consists of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch's opinion, based on the guarantees provided by the transaction's eligible guarantors and reinsurance provided by the
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