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Joe Biden · MichiganMillions of student borrowers could begin having their wages garnished as soon as this summer, according to estimates from credit bureau TransUnion. The company predicts that by August roughly 3 million borrowers could move into default, meaning they're 270 days past due on payments. At that point, loan holders are at risk of having 15% of their pay docked by the government, with the money going toward the outstanding debt. There has been no cle…See the Story
What to know if you're at risk of having your wages garnished over student loan debt
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