US Government's Wage Garnishment Impact on Student Loan Borrowers

Reported about 21 hours ago

The US government is set to resume wage garnishment for borrowers of federal student loans who have defaulted on payments, affecting approximately 5.8 million Americans. With the Trump administration ending previous relief programs, borrowers are encouraged to act swiftly if they receive a notice to prevent their wages or tax refunds from being garnished. Options include fully repaying the debt, proposing alternative payment terms, or requesting a hearing to contest the garnishment.

Source: YAHOO

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