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Illinois AG Sues Student Debt Relief Firms

On July 14, Illinois Attorney General (AG) Lisa Madigan announced that her office filed separate civil lawsuits in state court against two student debt relief firms and their principals. The lawsuits allege that the...more

Federal Reserve Takes Action Against Bank For Vendor’s Allegedly Deceptive Practices

On July 1, the Federal Reserve Board announced a joint enforcement action with the Illinois Department of Financial and Professional Regulation against a state bank that allegedly failed to properly oversee a nonbank...more

The CFPB Sues For-Profit Education Chain For Predatory Lending

The CFPB recently filed a lawsuit against ITT Educational Services, Inc. (“ITTESI”), the parent company of the ITT Technical Institute chain of trade schools, as well as Daniel Webster College in New Hampshire. The lawsuit...more

Institutions of Higher Education and the Fair Credit Reporting Act: Third Circuit Holds Higher Education Amendments Offer No Safe...

In a recent precedential opinion, the Third Circuit has held that the Higher Education Act provides no safe haven from strict adherence to the Fair Credit Reporting Act for colleges and universities. Moreover, the Court...more

Special Education News - November 2010

IN THIS ISSUE Service Animals In School - A New Federal Rule...page 1 Wrongful Graduation: What Are The Factors?...page 2 For the Business Manager Post-Issuance Compliance: How To Live With A Bond Issue...page...more

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