Student Loan Wage Garnishment Is Put on Hold. What Borrowers Need to Know.

The U.S. Department of Education has announced that it will delay wage garnishment for defaulted student loans. The move, revealed Friday, reverses the department’s earlier plan to gradually restart wage garnishment for groups of borrowers, and will allow the agency more time to finalize new repayment plans. Garnishing wages could have affect millions who are […] The post Student Loan Wage Garnishment Is Put on Hold. What Borrowers Need to Know. appeared first on Capital B News.