Thousands of Student Loan Borrowers Could See Wages Garnished in Just Days
Thousands of Student Loan Borrowers Could See Wages Garnished in Just Days
www.newsweek.com
Thousands of student loan borrowers could see wages garnished in just days
The Education Department said it would send notices to around 1,000 borrowers early this month.
According to the NYT article[0] "about five million borrowers are in default" which means like 1.5% of the population is about to have 15% of their wages garnished. Seems pretty intense.
https://www.nytimes.com/2025/12/23/business/student-loan-debtors-default-wages-garnish.html