URGENT: Student Loan Wage Garnishments Begin May 5 - Do This NOW | REVOLT News

25/04/2025 7 min
URGENT: Student Loan Wage Garnishments Begin May 5 - Do This NOW | REVOLT News

Listen "URGENT: Student Loan Wage Garnishments Begin May 5 - Do This NOW | REVOLT News"

Episode Synopsis

#TezlynFigaro breaks down the critical information about the Department of Education beginning involuntary collections on defaulted student loans starting May 5th. With $1.6 trillion in student debt affecting 42.7 million borrowers, approximately 5.3 million people could face wage garnishments this summer. Tez explains recent changes to income driven repayment plans following court battles and provides advice for borrowers to avoid default. Please check your email notifications, contact loan servicers, and submit necessary paperwork for payment plans based on income. Don't let the government choose wage garnishment for you!
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