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Amicus Brief in Support of D.C.’s right to Pass Laws Protecting Against Abuse of Student Loan Repayment Plans

September 11, 2018
Student Loans
Amicus Brief

The brief filed in Student Loan Servicing Alliance v. Taylor, et al. urges the court to reject the plaintiff loan servicer association’s “federal preemption” argument, which claims that existing federal law bars states and the District from engaging in any regulatory oversight of loan servicers.  As the brief highlights, this preemption argument is legally unfounded and unwise. In fact, D.C.’s efforts to regulate loan servicers finds strong support in legal precedent and sound policy to prevent disastrous consequences for the most vulnerable student borrowers and communities, especially borrowers of color.