Student loan borrowers in default now able to keep tax refunds
Yahoo Finance·2026-01-22 23:10
Student loan borrowers who are in default now have some good news when it comes to debt collection. The U.S. Department of Education announced Friday, Jan. 16, that it will delay implementing involuntary collections on federal student loans, including administrative wage garnishment and the Treasury Offset Program. It's unclear, based on the Education Department's statement, how long the temporary delay will last. More details will likely be ahead. It's a temporary delay, but it might help ease some wo ...