Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon. It’s still unclear when wage garnishment will start, but there are steps you ...
In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
Student loan borrowers who have defaulted on payments could have up to 15% of their pay docked by the federal government starting soon. This leaves many borrowers having to decide which bills to pay – ...
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How To Stop Wage Garnishment For Student Loan Debt
・Federal student loan wage garnishment resumed in 2025 after a long pause. ・Borrowers can stop garnishment through loan rehabilitation, consolidation, or by entering an income-driven repayment plan.
NEW YORK — Millions of student borrowers could begin having their wages garnished as soon as this summer, according to estimates from credit bureau TransUnion. The company predicts that by August ...
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