Скачать или смотреть Education Dept Pauses Tax Refund Offsets and Wage Garnishments for Student Loans

The Education Department has announced a temporary halt on tax refund seizures and wage garnishments for student loans that are in collection. The pause gives the department time to revise repayment rules under the One Big Beautiful Bill Act. Officials say the changes aim to make collections fairer and more efficient, while offering clearer, more affordable options for borrowers. Advocacy groups welcomed the relief for working and middle-class families and emphasized the need for ongoing reform. The Act is described as reducing the number of repayment plans and allowing waivers of unpaid interest for on-time payments, with the pause offering borrowers a chance to rehabilitate defaulted loans and return to normal payments.

#StudentLoans
#EducationDept
#TaxRefundOffset
#WageGarnishment
#LoanRepayment
#StudentDebt
#PolicyUpdate
#OneBigBeautifulBillAct
#FinancialAid