#income-driven-repayment
Student loan default collections restart in May with wage garnishment for millions
Millions of borrowers with defaulted federal student loans will soon face renewed consequences as the U.S. government resumes collections. The Department of Education has confirmed that, beginning May 5, it will refer defaulted loans to the Treasury Department’s offset program. This program allows the government to garnish wages, withhold tax refunds, and seize portions of Social Security checks to collect unpaid student debt. These measures officially end the collections pause introduced
Student loan default collections restart in May with wage garnishment for millions
Millions of borrowers with defaulted federal student loans will soon face renewed consequences as the U.S. government resumes collections. The Department of Education has confirmed that, beginning May 5, it will refer defaulted loans to the Treasury Department’s offset program. This program allows the government to garnish wages, withhold tax refunds, and seize portions of Social Security checks to collect unpaid student debt. These measures officially end the collections pause introduced









