Millions of student loan borrowers could soon see their paychecks shrink as the federal government prepares to restart wage garnishment for people in default — and the rules are stricter than many may ...

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year ...

The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of ...

Starting in early 2026, loan holders can begin garnishing pay — or order the employers of defaulted loan borrowers to withhold up to 15% of their disposable income — so they can collect the defaulted ...

The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday.

The Trump administration will resume garnishing wages from student loan borrowers in default in early 2026, the U.S. Education Department confirmed to NPR.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...