Student Loan Fund of Idaho, Inc. v. Duerner

TROUT, Chief Justice.

This is an appeal from a jury verdict and judgment in favor of respondent Jeffrey W. Duerner in a debt collection suit. We affirm.

I

BACKGROUND

Jeffrey W. Duerner (hereinafter “Duerner”) obtained $4,000 in student loans between 1979 and 1982. The first two loans were from Idaho First National Bank, for a total of $1,500. The second two loans were from First Security Bank, for a total of $2,500. All four loans were guaranteed by the Student Loan Fund of Idaho, Inc. (hereinafter “S.L.F.I.”). The Department of Education contracted with S.L.F.I., pursuant to the Higher Education…