The U.S. Department of Education is transferring responsibility for managing federal student loan collections to the Treasury Department, a shift prompted by a restructuring within the Education Department. The change, announced this week, impacts borrowers already in default and raises questions about the handling of tax refund offsets, wage garnishments, and collection notices. Currently, the […]
You can read the full story here: Student Loan Default Changes: Arkansas Borrowers Share Impact | Tax Refunds & Wage Garnishment .