*293 Justice Stevens, with whom Justice Ginsburg joins, dissenting. The Court’s ratio decidendi in this case has a “now you see it, now you don’t” character. At times, the Court seems to hold that the Family Educational Rights and Privacy Act of 1974 (FERPA or Act), 20 U. S. C. § 1232g, simply does not create any federal rights, thereby disposing of the…
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