Legal Question in Business Law in Wisconsin
Suing my former college.
I've wondered many times over the years if there is any basis to sue my college on one of 3 issues:
1. My school gave International students a $1500 reduction for each trimester x 10 trimesters. There reasoning at the time had to do with currency exchange rates and that some countries would not lend enough for school. My wife attended the same school, so we both came out with an extra $15000 in debt x 20-30 years of student loan interest. I've always wondered if I could sue for discrimination or another reason???
2. Is it possible to sue for price gouging. My tuition rose 30%+ in a 3 year period. Once they've got you in for $50,000 in debt, there's no way to back out at that point.
3. Lastly, why can't a school or bank be sued for RICO or collusion. Schools will raise rates as much as they want and the banks will lend it because it's guaranteed by the Federal Government. Then there is no legal recourse to discharge the loans through bankruptcy. How is this not considered racketeering?
I'd appreciate any thoughts on any of the points?
2 Answers from Attorneys
Yes, there may be potential actions here, but business litigation, especially between former partners, is never clean cut. Instead, it is more like an extremely nasty divorce, with numerous counterclaims and crossclaims, making it drawn out and very expensive. Since these are extremely complex cases, their evaluation is beyond what you could reasonably expect any attorney to answer here. Instead, you need to hire a lawyer to evaluate and sue, if warranted.
Answering this question does not make me your attorney, but you can post comments here for clarifications, etc. You can also see past answers to similar questions on AVVO at. View over fifteen years of past answers at https://www.avvo.com/attorneys/53566-wi-jay-nixon-1529181/answers.html . See 15 years of past answers at http://www.lawguru.com/answers/atty_profile/view_attorney_profile/jknixon . Answers may contain attorney advertising materials. .
Yes, there may be potential actions here, but litigation is never clean cut, especially in the area of education law. Instead, there are apt to be numerous counterclaims and crossclaims, making it drawn out and very expensive. Since these are extremely complex cases, their evaluation is beyond what you could reasonably expect any attorney to answer here. Instead, you need to hire a lawyer to evaluate and sue, if warranted.
Answering this question does not make me your attorney, but you can post comments here for clarifications, etc. You can also see past answers to similar questions on AVVO at. View over fifteen years of past answers at https://www.avvo.com/attorneys/53566-wi-jay-nixon-1529181/answers.html . See 15 years of past answers at http://www.lawguru.com/answers/atty_profile/view_attorney_profile/jknixon . Answers may contain attorney advertising materials. .
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