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News

Student loan debt collection restarts

CNBC on MSN · 4h
Student loan borrowers in default could see up to 15% of Social Security benefits garnished
Social Security beneficiaries are at risk of receiving a smaller benefit if they've fallen behind on their student loans. Here's what you need to know.
MarketWatch on MSN · 7d
Debt collection on defaulted student loans has started again. Here’s what happens next.
Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security benefits taken and their wages garnished.
Forbes · 9d
Student Loan Debt Collection Resumes For Defaulted Borrowers After 5-Year Pause
Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers can do to avoid losing part of their paycheck.
Newsday12d
Student loan debt collection to resume in May. What Long Islanders should know.
“The federal government has collection options that are not available to private ... There are no “statute of limitations on federal student loan debt,” she added. Mariano Torras, an economics ...
CNN on MSN9d
What the restart of defaulted student loan collection means for borrowers
As part of its move to resume collection of these debts ... Though the Trump administration is moving away from Biden-era efforts to forgive student loan debt, there are other ways for ...

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