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FinchHaven sfba boosted
Nonilex
@Nonilex@masto.ai  ·  activity timestamp 9 hours ago

The email did not contain any details about the nature of the #garnishment, such as how much would be deducted from #wages.

The #Trump admin ended a 5-year reprieve on student loan repayments in May this year, with forced collections on federal #StudentLoans in default — which meant #tax #refunds & other federal payments could be withheld & applied toward #debt payments.

#law #Education #CostOfLiving #LivingWage #affordability #TheCrueltyIsThePoint

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 9 hours ago

Beginning the week of Jan 7, ~1,000 borrowers who are in default will receive notices informing them of their status, acc/to an email from the Dept of #Education. The number of notices will increase on a monthly basis.

The collection activities are “conducted only after #student & #parent borrowers have been provided sufficient notice & opportunity to repay their loans,” acc/to the email, which was unsigned.

#Trump #law #CostOfLiving #affordability #TheCrueltyIsThePoint

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 9 hours ago

The email did not contain any details about the nature of the #garnishment, such as how much would be deducted from #wages.

The #Trump admin ended a 5-year reprieve on student loan repayments in May this year, with forced collections on federal #StudentLoans in default — which meant #tax #refunds & other federal payments could be withheld & applied toward #debt payments.

#law #Education #CostOfLiving #LivingWage #affordability #TheCrueltyIsThePoint

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