3rd Circ. Says CFPB Can Go After Student Loan Trusts

[Gunnar Larson]

3rd Circ. Says CFPB Can Go After Student Loan Trusts
<https://www.law360.com/compliance/articles/1815145?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-03-20&read_main=1&nlsidx=0&nlaidx=4>

By Jon Hill

The Third Circuit ruled Tuesday that the Consumer Financial Protection
Bureau can carry on with its debt collection practices suit against a group
of Delaware student loan trusts, rejecting their claims that they are just
passive financing entities outside the reach of the agency's enforcement
authority.

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