2025-04-21 15:36

In the run-up to the campaign I saw reports of young people, frustrated that Biden hadn’t managed to do the huge student loan forgiveness that he’d tried to do, say that they weren’t going to vote for him or for Kamala. “If he can’t get this thing done, why should I support him?” Here’s why:

“Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program, which withholds payments from the government — including tax refunds, federal salaries, and other benefits — from people with past-due debts to the government. After a 30-day notice, the department will also begin garnishing wages for borrowers in default.”

Source: https://finance.yahoo.com/news/student-loans-default-referred-debt-200132438.html