New York, April 15, 2014 -- Moody's Investors Service, ("Moody's") has upgraded the rating of Class C Notes issued by SLM Private Credit Student Loan Trust 2005-B, sponsored, administered and serviced by Sallie Mae, Inc., a wholly-owned subsidiary of SLM Corporation (SLM). The underlying collateral consists of private credit student loans that are not guaranteed or reinsured under either the Federal Family Education Loan Program (FFELP) or any other federal student loan program.

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