Education Department Says It Will Not Garnish Social Security Of Student Loan Borrowers In Default

Borrowers who have defaulted on their student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said Tuesday. The government last month restarted collections for the millions of people in default on their federal student loans. An estimated 452,000 people aged 62 and older had student loans in default, according to a January report from the Consumer Financial Protection Bureau. Advocates encouraged the Trump administration to go further to provide relief for the roughly 5.3 million borrowers in default.

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