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Federal Government to start debt collection on up to 5.3 million borrowers
The U.S. Department of Education will restart collection efforts on defaulted federal student loans in early May, ending a years-long hiatus that began at the height of the coronavirus pandemic. The move could impact millions of Americans who have fallen behind on their payments.
After offset, the government may look to your regular income to remedy your defaulted loans through wage garnishment. Unlike ...
DOGE is putting new curbs on billions of dollars in federal grants, requiring officials to manually review and approve ...
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A little-known firm with investors linked to JD Vance, Elon Musk and Trump could get a piece of the federal expense card ...
If action is not taken by May 5, defaulted borrowers will become subject to wage garnishment to collect their outstanding balances.
The government is preparing to start collecting on student loans in default. Before that happens, a financial planner has ...
"There are actually substantially greater expenditures on federal grants and assistance, even than government contracts," ...
Rehabilitation is a process that allows the government to look at your income ... default could result in wage garnishment or withholding of federal payments such as Social Security.
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