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Educational Institutions › MN Supreme Court

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Minnesota Supreme Court rules schools needed lending license to make student loans

Ballard Spahr LLP on 8/10/2017

The Minnesota Supreme Court recently ruled that two for-profit postsecondary education schools had charged usurious interest rates on student loans and could not charge rates greater than 8% without obtaining a lending...more

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Educational Institutions › MN Supreme Court

Minnesota Supreme Court rules schools needed lending license to make student loans

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