Summary
The Trump administration announced plans to garnish wages of people with student loans who are not making their payments. The Department of Education will start by sending notices to about 1,000 borrowers starting the week of January 7.
Key Facts
- The Trump administration will garnish wages of people with defaulted student loans.
- Wage garnishment means a portion of a person's paycheck will be taken to pay off debt.
- The Department of Education will send the first batch of notices to about 1,000 borrowers.
- These notices will start going out the week of January 7.
- More notices will be sent each month.
- This affects borrowers who are not paying their student loans as required.