Student loan wage garnishment notices start Jan. 7, risking up to 15% paycheck hit for defaulters
WASHINGTON, Jan 2, 2026, 08:47 ET The Trump administration plans to send about 1,000 notices to student-loan borrowers starting the week of Jan. 7, signaling a return of wage garnishment for people in default, a local U.S. television report said late Thursday. Khqa The timing matters because the letters see their first wave landing within days, putting borrowers on the…