Student Loan Marketing Ass'n v. Riley
Court of Appeals for the D.C. Circuit
1Opinion of the Court
Opinion for the Court filed by Circuit Judge WILLIAMS.
Concurring Opinion filed by Circuit Judge WALD.
STEPHEN F. WILLIAMS, Circuit Judge:
In the Omnibus Budget Reconciliation Act of 1993, Congress added § 439(h)(7) to the Higher Education Act of 1965, imposing a 0.3 percent “offset fee” on the principal amount of each student loan that the Student Loan Marketing Association (“Sallie Mae”) “holds.” The Department of Education interpreted the statute as applying to any loan in which Sallie Mae has a financial interest, and, in particular, to loans that Sallie Mae has “secu-ritized.” (A firm…
2Cases cited24 opinions
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- Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
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- Concrete Pipe & Products of Cal., Inc. v. Construction Laborers Pension Trust for Southern Cal.Supreme Court of the United States · 1993
- Franklin v. MassachusettsSupreme Court of the United States · 1992
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- Bruin Portfolio, LLC v. Leicht (In Re Leicht)Bankruptcy Appellate Panel of the First Circuit · 1998
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