Since the Trump administration cancelled Biden's income-based repayment plan for student loans, the number of borrowers in default has increased dramatically. And now the Dept of Ed is planning to start garnishing borrowers' wages rather than help them get out of debt. Who does this help?
newsweek.com
Student loan update: Report warns that millions could see wage garnishment
Officials are reportedly preparing to impose financial consequences on defaulted borrowers in 2027 after delaying those measures.