Social Security Benefits Hit by Student Loan Garnishment
New policies now permit the garnishment of Social Security benefits to recover defaulted student loans, potentially reducing payment amounts for many recipients in June. This controversial measure raises concerns among beneficiaries about their financial security amid shifting regulatory practices.
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The Trump administration warned that Social Security benefits could be garnished for defaulted student loans as early as June. What to know.
Some Social Security recipients could see reduced payments this month due to a policy change allowing garnishment of benefits for unpaid student loans, NBC Philadelphia reported Sunday.This follows an April 21 announcement from the Trump administration that the U.S. Department of Education would…
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