The Trump administration has warned that the Education Department may start garnishing wages for student loans starting in January. ABC’s Christiane Cordero reports.
The Department of Education expects wage garnishment notices to be sent to some borrowers in default starting in January.
After being paused for 7.6 million borrowers under President Biden’s SAVE plan (Saving on A Valuable Education), the Trump ...
Student debt could be impacted by the DOE’s proposed restrictions of new caps on federal graduate student loans to just 11 ...
Next month the Education Department will start sending people to collection which could lead to wage garnishment, lost tax ...
Millions of Americans in default on their federal student loans could soon see their wages garnished, as the U.S. Department ...
Student loan borrowers in default may undergo wage garnishment when the Trump administration unpauses the process in 2026.
A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...
In an email, the department said it expects the first notices to be sent to roughly 1,000 borrowers in default the first full ...
The Trump administration has been involved in massive changes at the Department of Education. Whether it’s ending student loan forgiveness repayment plans that led to lower payments like the SAVE, or ...
Borrowers who have fallen significantly behind on their federal student loans could see their take-home pay shrink as soon as ...
The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting ...
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