Student loan borrowers face wage garnishing
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About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default.
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Millions of borrowers are considered in default, meaning they are 270 days past due on their payments. The department must ...
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