CLC Trust II - Series 2007-1

THE SECURITIES LISTED HEREIN ARE REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION AND MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES.

Servicing Reports

SEC Filings

Prospectus Supplement, Student Loan Asset-Backed Notes Series 2007-1

College Loan Static Pool Data

$200,000,000 Class A-1 Senior Floating Rate Asset Backed Notes
$278,000,000 Class A-2 Senior Floating Rate Asset Backed Notes
$222,000,000 Class A-3 Senior Floating Rate Asset Backed Notes
$75,000,000 Class A-4 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-5 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-6 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-7 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-8 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-9 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-10 Senior Auction Rate Asset Backed Notes
$75,000,000 Class A-11 Senior Auction Rate Asset Backed Notes
$50,000,000 Class A-12 Senior Auction Rate Asset Backed Notes
$50,000,000 Class A-13 Senior Auction Rate Asset Backed Notes
$25,000,000 Class B-1 Subordinate Auction Rate Asset Backed Notes
$25,000,000 Class B-2 Subordinate Auction Rate Asset Backed Notes
$25,000,000 Class B-3 Subordinate Auction Rate Asset Backed Notes
$25,000,000 Class B-4 Subordinate Auction Rate Asset Backed Notes

Date Issued: March 6, 2007

Original Principal Amount: $1,500,000,000

Securities:

Class A-1 Senior Floating Rate Asset Backed Notes
$200,000,000
Rate: 3-Month LIBOR + 0.01%
CUSIP: 194268AA6

Class A-2 Senior Auction Rate Asset Backed Notes
$278,000,000
Rate: 3-Month LIBOR + 0.06%
CUSIP: 194268AB4

Class A-3 Senior Auction Rate Asset Backed Notes
$222,000,000
Rate: 3-Month LIBOR + 0.10%
CUSIP: 194268AC2

Class A-4 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AA8

Class A-5 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AB6

Class A-6 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AC

Class A-7 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AD2

Class A-8 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AE0

Class A-9 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AF7

Class A-10 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AG5

Class A-11 Senior Auction Rate Asset Backed Notes
$75,000,000
CUSIP: 194267AH3

Class A-12 Senior Auction Rate Asset Backed Notes
$50,000,000
CUSIP: 194267AJ9

Class A-13 Senior Auction Rate Asset Backed Notes
$50,000,000
CUSIP: 194267AK6

Class B-1 Subordinate Auction Rate Asset Backed Notes
$25,000,000
CUSIP: 194267AL4

Class B-2 Subordinate Auction Rate Asset Backed Notes
$25,000,000
CUSIP: 194267AM2

Class B-3 Subordinate Auction Rate Asset Backed Notes
$25,000,000
CUSIP: 194267AN0

Class B-4 Subordinate Auction Rate Asset Backed Notes
$25,000,000
CUSIP: 194267AP5

Issuer: College Loan Corporation Trust II

Depositor: College Loan Corporation

Issuer Administrator: College Loan Corporation

Indenture Trustee: Deutsche Bank Trust Company Americas

Eligible Lender Trustee: Deutsche Bank Trust Company Americas

Underwriters:
Citigroup
Goldman, Sach & Co.
JPMorgan
UBS Investment Bank
Deutsche Bank Securities

Ratings:

Senior notes:
Aaa Moody's
AAA S&P
AAA Fitch

Subordinate notes:
A3 Moody's A- S&P
A- Fitch

For More Information Email: [email protected]