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Student loan debt is taking a toll on employee’s 401(k)s, particularly as the Department of Education begins wage garnishment ...
Current reports wage garnishment may affect millions as student loan collections restart. Borrowers can consolidate or ...
Federal student loans don't require a court judgment for garnishment, and the government can generally take up to 15% of your disposable income.
The Department of Education will start collections on student loans in default. Here’s how you can avoid wage garnishment on federal student loans.
Your wages are probably already being garnished in order to meet student loan payments. Garnishment will still occur even while you are making the nine required payments.
TransUnion found that nearly 6 million federal student loan borrowers were 90 days or more past due as of April.
A worried student loan borrower checking their debt balance. (MementoJpeg—Getty Images) A few years ago, it seemed like the dream of widespread student debt forgiveness was alive and well.