Some student loan borrowers could be left with only $217 per week.
Trump administration says 5.3 million student loan borrowers will have wages garnished this summer
May 7, 2025
The Trump administration has begun garnishing wages of student loan borrowers in default. These are the benefits businesses can offer employees to help with their debt
July 5, 2025
Millions of student loan borrowers brace for debt collectors starting in May
“Business leaders can't ignore this financial pressure anymore.”
The change affects some 7.7 million borrowers enrolled in the plan, which was created under the Biden administration.
The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year.
Millions of borrowers are considered in default, meaning they are 270 days past due on their payments.
The Trump administration will start garnishing the wages of student loan borrowers in default in early January.
Borrowers to receive wage garnishment notices starting January 7, Department of Education confirms.
