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Older people in crosshairs as government restarts Social Security garnishment on student loans
As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with decades-old debts are now at risk of having their Social Security checks garnished.
Starting next month, certain Social Security beneficiaries face up to 15% garnishment of their payments. Here's why.
The program allows the government to withhold up to 15% of a Social Security benefit to repay a delinquent loan, Newsweek reported. Checks cannot be reduced to lower than $750, however. The 15% is ...
As the Trump administration restarts debt collection this month on defaulted student loans after a nearly five-year pandemic-era pause, its plans for garnishing Social Security payments could ...
Social Security recipients in student loan default risk losing up to 15% of their benefits. Here's what to do.
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