Dawson, Meredith v. Great Lakes Educational Loan Services, Inc.

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF WISCONSIN MEREDITH D. DAWSON, Plaintiff, v. OPINION and ORDER GREAT LAKES EDUCATIONAL LOAN SERVICES, INC., GREAT LAKES HIGHER EDUCATION 15-cv-475-jdp CORPORATION, JILL LEITL, DAVID LENTZ, and MICHAEL WALKER, Defendants. This case is about the capitalization of student loan interest. Capitalization is the practice of adding accrued but unpaid interest to the account’s principal balance. When accrued interest is capitalized, the borrower’s principal debt increases, and so too does the amount on which future interest will…