The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow...
The Education Department is pausing wage garnishment and Treasury offsets for defaulted federal student loan borrowers as it implements new repayment reforms.
The Department of Education announced it will delay its plans to resume garnishing the wages of student loan borrowers in default while it works on additional program reforms.
An announcement from the Education Department on Friday said involuntary collections on federal student loans will remain on hold as the agency finalizes new repayment plans.
The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.
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