United States:
Treatment Of Educational ISAs Under Federal And Select State Anti-Discrimination Statutes
20 August 2019
Morrison & Foerster LLP
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In an earlier paper, we considered whether ISAs should be
subject to federal consumer credit statutes, including the Truth in
Lending Act ("TILA"), state licensed lender regimes, and
usury laws in select states. We also considered whether ISAs should
be subject to federal and select state credit discrimination
statutes.
In this paper, we consider the application of federal fair
lending laws, select state equal access and credit
anti-discriminations statutes, and broader educational
anti-discrimination statutes.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
© Morrison & Foerster LLP. All rights reserved
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