Student loan borrowers in default face garnished wages, Education Department says

Washington – The Department of Education will start soon Collection of payments for student loans The department announced on Monday that there were defaults with wage guarantee for possible millions of orrow.

Starting on May 7, the Education Department will start collecting involuntary collections through the Treasury Department’s Offset program, which returns the criminal Debts by paying tax refund, federal pay and social security benefits.

More than 5 million Orrows can be in the default and 4 million more months, which will be kept in about one -fourth of the federal student LOAN and Portfolio default, according to the education department. Less than 40% of Orrows are present in the provision of their student LOAN.

Within the next two weeks, those who are default will inform them about their next steps and request them to look for their AY payment options. The wage guarantee notice will be sent at the end of this summer.

From March 2021, no federal student has been mentioned for collecting Loan when President Trump has paid and paused during the Covid -1 epidemic. The Biden administration extended the break that ended in October 2021.

Former President Joe Biden tried to erase Loan Loan for several million people in the White House in the White House, but the attempt was repeatedly Rejected by the courtIncluding a 2023 Roy by the Supreme CourtThe Nevertheless, the Biden Administration has deleted LOAN DEBT DEBT for more than 5 million Orrows. Other pardon programsThe

Education Secretary Linda McMahon says the biden administration has “confused” the orrow admirers about the authority to waive the debt.

In a statement on Monday, he said in a statement on Monday, “Together with the Treasury Department, the student of the Education Department will keep the LOAN program in accordance with the responsibility and law, which means that the Orrows are to return the Orrows to the OROOs for their own health and the economic view of our nation on Monday.”

The department’s announcement added, “No mass LOAN will be forgiven.”