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Vaishali Rao Discusses the Impact of the Federal Register Notice on the Student Loan Servicing Battle

March 13, 2018

Hinshaw's Vaishali Rao was featured in the article titled "DeVos ups ante with state AGs in battle over student loan servicing," published by American Banker. The article analyzes the latest move by U.S. Department of Education Secretary Betsy DeVos—a Federal Register Notice—in the student loan servicing battle.

"How much deference the court will give this kind of notice is an open question,'" Vaishali said. "Regulatory skirmishes actually complicate compliance," she said, adding, "how can you efficiently and effectively service across sectors when the standards are so different?"

Read "DeVos ups ante with state AGs in battle over student loan servicing," on the American Banker website

Hinshaw & Culbertson LLP is a U.S. based law firm with offices nationwide and in London. The firm's national reputation spans the insurance industry, the financial services sector, and other highly regulated industries. Hinshaw also serves as counsel to the professional services sector, and provides business advisory and transactional services to clients of all sizes.