How Student Loans Could Hit Your Social Security

It’s no secret that falling behind on student loan payments can squash a borrower’s hopes of building savings, buying a home or even finding work. Now, thousands of retirees are learning that defaulting on student debt can threaten something that used to be untouchable: their Social Security benefits.

Topics:  social security   student   
BING NEWS:
  • What You Need to Know About Student Loans Before Trump Takes Office Jan. 20
    President Joe Biden ushered in student loan forgiveness for millions, but a Trump presidency has many borrowers concerned.
    01/5/2025 - 10:58 pm | View Link
  • Nearing Retirement With Student Loan Debt? What You Can Do
    They’re urging the Biden administration to exempt Social Security benefits from being garnished under the program. Co-signed student loans can also ... time can take a hit mentally and ...
    05/2/2024 - 1:00 pm | View Link
  • Student Loan Forgiveness Just Got Easier For These Borrowers
    Opinions expressed by Forbes Contributors are their own. Adam Minsky is an attorney and writer focusing on student loans. UNITED STATES - APRIL 18: Education Secretary Miguel Cardona testifies ...
    08/3/2023 - 2:41 am | View Link
  • Should Paying Off Student Loans Be a Priority? What to Consider
    “But if you’re comfortable carrying debt, paying off your student loans might not be the best ... financial distress if you lose your job or hit any financial speed bumps.
    04/25/2023 - 3:19 pm | View Link
  • Using a 401(k) to Pay Off Student Loans
    Student loan debt hit $1.64 trillion in 2019, according to data from the Federal Reserve. This figure is up from $772 billion in education debt in 2009. The increase in loans and balances is a ...
    03/18/2020 - 3:25 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News