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Federally Regulated Student Loans Not Governed By State Law

Posted by Bo Links - February 1, 2010


California consumer protection laws do not apply to student loans regulated by the Higher Education Act (20 USC §§ 1001-1155). In Chae v. SLM Corporation, the plaintiffs complained about improper interest charges, contending they were overcharged on their student loans.

The plaintiffs sued the lender and pro


Documents

Chae v. SLM Corp (9th Cir) student loans).pdf

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