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Wage Garnishments Resume This July—What You Need
📝 DESCRIPTION
Wage Garnishments Resume This July—What You Need
Starting in July, up to 2 million student loan borrowers could see automatic deductions of as much as 15 percent of their paychecks to recover defaults when federal protections end.
Over 6 million Americans remain 90 days+ behind on loan payments since the COVID-era pause. Collection has reactivated. This change isn’t just financial—it impacts day-to-day survival, credit scores (many already saw a 60-point drop), and psychological well-being.
In this video, we’ll break down:
Who is vulnerable—how 2 million faces paycheck garnishment.
Why now—the lifting of pandemic relief that delayed collections.
What to do—practical steps: checking your status, applying for relief, contacting servicers to prevent wage garnishment.
Broader implications—why this matters for individual agency, fairness in policy, and preserving financial autonomy in a free society.
This isn't about blaming borrowers. It's about responsibility from all sides—borrowers, servicers, and policymakers. We must guard against policies that rob individuals of dignity and choice—especially when people need compassion and clarity to manage debt.
How would a 15% cut change your month-to-month reality? If you’re in default or close, what choices can you make right now? What does fair repayment look like in a post-pandemic world?
Share your story. Amplify solutions. Stake truth in the service of collective accountability. This is about ensuring liberty—not just policy—carries weight in every paycheck.
🔍 KEYWORD
#wagegarnishment #studentloans #loanforgiveness #financialrelief #borroweralert
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