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Servicer Faulted For Impeding Notice In $90M Borrower Suit

By Jon Hill (December 6, 2019, 10:11 PM EST) -- A Wisconsin federal judge on Thursday sanctioned a federal student loan servicer that's battling a roughly $90 million class action accusing it of illegally capitalizing interest on struggling borrowers' loans, finding the servicer "prevented thousands of class members" from being formally notified about the litigation....

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