Federal Judge Finds D.C. Law Is Preempted For Certain Student Loans

Mealey's (November 28, 2018, 2:04 PM EST) -- WASHINGTON, D.C. — The Student Loan Ombudsman Establishment and Servicing Regulation Amendment Act of 2016, known as D.C. Law 21-214, is preempted under principles of conflict preemption as it relates to servicing of certain student loans but not for loans that are federally reinsured, a District of Columbia federal judge ruled Nov. 21 (Student Loan Servicing Alliance v. District of Columbia, et al., No. 18-0640, D. D.C., 2018 U.S. Dist. LEXIS 198774)....