As in Collections will begin. Student loan borrowers at risk of wage garnishment in January
Five million people are in default on student loans, with the Dept. of Ed saying it may swell to 10 million soon.
The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday.
Collections were halted at the start of the pandemic lockdowns. (Hat tip to Don Surber.)
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