Borrower Appeals Dismissal Of Student Loan Class Suit After 3rd Circuit Remand

(May 15, 2024, 12:46 PM EDT) -- NEWARK, N.J. — A student loan borrower filed a notice of appeal in New Jersey federal court after his putative class suit alleging that various National Collegiate Student Loan Trusts violated New Jersey law by collecting student loan debts without being licensed to do so was dismissed with prejudice; that ruling came nearly nine months after the Third Circuit U.S. Court of Appeals reversed an order sending the case back to state court after finding that the borrower sufficiently alleged a concrete injury....