Air Force Veteran Sues Collection Agency and Pacific Lutheran University over Student Loans

A veteran of the U.S. Air Force is suing Pacific Lutheran University and a debt collection agency called Financial Assistance Inc., for violating a law that limits the interest charged on a service member’s loan. Elias Johnson-Saucier took out a private loan with Pacific Lutheran University of about $6,000. “I loved my time there. They’re a great institution. They provide a great education,” Johnson-Saucier said. But he left the school at the height of the recession, and when he couldn’t pay, the loan was sent to collections.