Report: Education Dept. Illegally Took Wages From Student Loan Borrowers
BestColleges
DECEMBER 21, 2022
Wage garnishments are withheld wages from loan borrowers who have defaulted. Garnishment became illegal after the CARES Act of 2020. Department of Education (ED) had collected wages from student loan borrowers after it was illegal to do so. Wage garnishments are pay withholdings from a borrower's employer to pay back a loan.
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