Defaulting on federal student loans, defined as being 270 days past due, can lead to wage garnishment and withheld federal ...
Your student loan becomes delinquent as soon as you miss a payment, and the consequences become more serious the longer your ...
The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...
The Department of Education will delay garnishing wages and intercepting federal income tax refunds.
Student loan default doesn’t mean your credit is ruined for life. While missed payments and a default will show up on your credit report and certainly do decrease your credit score, there are steps ...
The U.S. Department of Education has extended the pandemic-era pause on collection efforts of defaulted student loan borrowers once more.
Millions of people are at risk of the government’s seizing their refunds to pay what is owed on student loans.
About 4 million Americans will soon be reported in default on their student loans. If they act now, they may be able to avoid ...
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Student loan debtors face threat of wage garnishment
The Trump administration recently sent out roughly one thousand letters to borrowers with student loan default, and some may be at risk of having up to 15% of their paychecks withheld to go towards ...
Squeezed by competing financial demands, the average student loan borrower aged 50 to 61 holds the highest loan balance of ...
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