¶ On January 3, 1973, defendant executed a promissory note in which he promised to repay the Metropolitan Savings Bank the sum of $6,195.20 plus interest in monthly installments of $50.30, beginning March 1, 1973 and ending February 1, 1983. This amount represented student loans made by the bank to defendant to finance his studies from 1968 to 1971. The note was guaranteed by the New York Higher Education Assistance Corporation, of which plaintiff is the successor. Defendant...
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