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GREAT LAKES HIGHER EDUC. CORP. v. CAVAZOS

No. 88-C-159-C.

711 F.Supp. 485 (1989)

GREAT LAKES HIGHER EDUCATION CORPORATION, a non-profit Chapter 181 Wisconsin corporation, Plaintiff, v. Lauro F. CAVAZOS, Secretary of the United States Department of Education; and United States Department of Education, Defendants.

United States District Court, W.D. Wisconsin.

April 14, 1989.

Attorney(s) appearing for the Case

David J. Hanson, Michael, Best & Friedrich, Madison, Wis., for plaintiff.

Neil H. Koslowe, Sp. Litigation Counsel, Civ. Div., Dept. of Justice, Washington, D.C., for defendants.

ORDER

CRABB, Chief Judge.

In this civil action for declaratory judgment plaintiff challenges the constitutionality of the 1987 amendments to the Higher Education Act of 1965 which mandate the elimination of $250 million from excess cash reserves held by guarantors participating in the Guaranteed Student Loan Program. 20 U.S.C. §§ 1072(e)(1), 1072(e)(2), 1078(c)(1), 1078(f)(1)(B), 1078(c)(9)(A). Plaintiff also challenges the constitutionality of...

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