Comment on Millennial Money: Student loan default can gut your paycheck

Millennial Money: Student loan default can gut your paycheck

There's a dirty little secret of the student debt crisis. One that affects millions of borrowers, but isn't talked about at dinner tables, on social media or in think pieces about student loans. The taboo topic is wage garnishment and it works like this: Default on your federal student loans and the government can take up to 15 percent of each paycheck to satisfy your debt.Read more on NewsOK.com

 

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