The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
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The first notices of wage garnishment will be sent the week of Jan. 7 to 1,000 borrowers who haven’t made a payment in over a ...
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By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...
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Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...
The Trump administration is set to resume garnishing the wages of some student loan borrowers who are in default beginning in ...
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