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Trump administration to start seizing pay of defaulted student loan borrowers in January

Education,Student Loans,Debt,Student Loan Debt,Colleges And Universities,Education Department

From the Left

The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday.

It will be the first time a portion of borrowers' paychecks has been at risk since the beginning of the Covid pandemic, when collection activity was halted...

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