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International Business Times UK
International Business Times UK
World
J. Alas

Student Loan Warning: US Defaulters Can and Will Have Their Wages Taken

Many businesses are not keen on employing college graduates according to research from Intelligent. (Credit: Brian Snyder/Reuters)

The United States government is resuming aggressive collection efforts on federal student loans after a pause of over five years, putting millions of people's wages in jeopardy.

This move, announced on Monday, 29 April 2024, signals a stark shift from the leniency of the COVID-19 pandemic period, with the Department of Education preparing to enforce repayment through garnishing wages and other measures.

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