What Student Loan Borrowers Can Do if They're Facing Wage Garnishment: 'Early Action' Is Critical, Advisor Says

What student loan borrowers can do if they're facing wage garnishment: 'Early action' is critical, advisor says

The Department of Education began sending notices of coming wage garnishment to over 1,000 defaulted student loan borrowers.

Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can take

Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy attorney and owner of Ashley F. Morgan Law PC, told Fortune.

Student loan borrowers in default could see their wages garnished

Beginning this week, student loan borrowers could receive a notice that the federal government is coming for their paycheck.  The post Student loan borrowers in default could see their wages garnished appeared first on WPR.

Student Loan Wage Garnishment Is Coming. What Borrowers Need to Know.

The U.S. Department of Education is expected to begin garnishing wages to pay for defaulted student loans in the coming weeks. This move could affect millions who are 270 days or more past due, and have major ramifications for Black borrowers. Due to ongoing racial inequality, Black students aren’t only more likely to rely on loans to make college affordable. They’re also more likely to struggle to pay back their loans once they enter the workfo…

Five Million Are Seriously Delinquent on Student Loans, Wage Garnishments Begin

Wage garnishments start on January 7.