Trump Admin to Begin Wage Garnishment for Defaulted Student Loan Borrowers in January
In a recent announcement, the Trump administration revealed plans to begin wage garnishment for student loan borrowers in default. Starting the week of January 7th, the Department of Education will notify approximately 1,000 defaulted borrowers, with the number of notifications expected to grow. The government has the authority to seize up to 15% of a borrower’s after-tax income, ensuring borrowers retain at least $217.50 weekly, as per legal requirements.
John Q. Hosedrinker