WAGE GARNISHMENT

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Dec 24 2025BUSINESS

Paychecks at Risk: Student Loan Defaults Hit Hard in 2026

Starting in early 2026, some people with overdue student loans might see their paychecks shrink. The government is planning to take money directly from the wages of those who haven't paid back their loans. This move is part of a bigger effort to collect overdue payments, which began earlier this yea

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Dec 24 2025BUSINESS

Wage Garnishment Returns for Student Loan Defaulters

Starting in early 2026, the U. S. Education Department plans to resume taking money directly from the paychecks of people who haven't paid their student loans in over 9 months. This practice, called wage garnishment, was put on hold during the pandemic. The department says they will begin by sending

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Dec 24 2025EDUCATION

Paychecks at Risk: Student Loan Defaults Loom Large

The U. S. Department of Education has confirmed that wage garnishments are on the horizon for millions of student loan borrowers who are seriously behind on their payments. This development is part of a broader overhaul of the student loan system, which affects over 40 million Americans and amounts

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May 22 2025FINANCE

Student Loans: What Happens When You Fall Behind?

Millions of Americans are in trouble with their student loans. The government has started collecting again after a long pause. This means people who are behind on their payments might face serious problems. Many folks owe a lot of money. Over 5 million are in default, which means they haven't paid i

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