In a new development in Minnesota's ongoing battle against Globe University, the state attorney general is alleging that nearly 6,000 students in Minnesota are being charged interest rates that are higher than the most that state law allows. According to attorney general Lori Swanson, Globe University students are paying interest rates on loans issued by Globe that are in the range of 18 percent when state law caps student loan interest rates at 8 percent.
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We are consumer class action attorneys committed to monitoring problems affecting students at colleges and trade schools, and to pursuing claims against those schools that have harmed students.
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