Borrowers who have fallen significantly behind on their federal student loans could see their take-home pay shrink as soon as ...

Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon. It’s still unclear when wage garnishment will start, but there are steps you ...

The federal government is ramping up its collections engine and could soon go after millions of Americans. One area of concern for the close to 10 million student loan borrowers who are delinquent on ...

Student loan borrowers who have defaulted on payments could have up to 15% of their pay docked by the federal government starting soon. This leaves many borrowers having to decide which bills to pay – ...

In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...

・Federal student loan wage garnishment resumed in 2025 after a long pause. ・Borrowers can stop garnishment through loan rehabilitation, consolidation, or by entering an income-driven repayment plan.

Federal student loan borrowers are facing a harsh new reality: The pandemic-era reprieve is over, and student loan wage garnishment looms as a real threat. Delinquency rates on student loans have ...

Financial security is important at every age and career stage. In some cases, however, you may find this security jeopardized through a process known as wage garnishment, a court order requiring your ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Ayelet Sheffey Every time Ayelet publishes a story, you’ll get an alert straight to your inbox!

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. In certain cases, for example, you may find that you're suddenly missing ...

Knowing that you owe money to the Internal Revenue Service (IRS) can be stressful enough, but if the situation escalates to the point of wage garnishment, those stress levels can surge. Unlike private ...