Summer schooling: 2 million student loan holders could have their wages garnished by the government this summer

(Credit: Getty Images)

• Two million people could see their wages garnished this summer, TransUnion predicts. That’s 800,000 more than it predicted last month. The collection enforcement is likely to put a further strain on the economy and comes as the Trump administration reverses Biden-era loan forgiveness programs.

While the economy is still on shaky ground and the shadow of tariff-caused price increase continues to loom, nearly 2 million Americans could see their paychecks garnished by the government this summer.