#studentloan — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #studentloan, aggregated by home.social.
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Older #StudentLoan borrowers are at risk of losing a chunk of their #SocialSecurity. There's a new bill to prevent that.
Story by Ayelet Sheffey, August 17, 2026
"Student-loan borrowers could lose their Social Security checks if they fall behind on their loan payments. Democratic lawmakers want to put an end to that practice.
"On Monday, Sens. #BernieSanders, #ElizabethWarren, and #EdMarkey introduced a bill to prevent older student-loan borrowers and borrowers with disabilities from facing Social Security garnishment if they default on their payments.
"A fact sheet of the legislation reviewed by Business Insider said that the bill would prohibit the Treasury from seizing Social Security payments, including Social Security Disability Insurance, and protect those borrowers from 'unnecessary forced collections.'
"Sanders said in a statement that 'in the richest country in the history of the world, no senior should have their Social Security payments taken away from them to pay back student debt.'
" 'This is especially true when seniors throughout the country already cannot afford the skyrocketing price of healthcare, prescription drugs, groceries and housing,' Sanders said. "Congress must pass this legislation.'
"The legislation comes as student-loan defaults are at a record high. Over 9 million borrowers were in default as of March, according to the latest Education Department data, which happens when a borrower has missed payments for 270 days.
"The New York Federal Reserve's latest household debt report showed that student-loan delinquencies stood at 10.6% in the second quarter of 2026 — up from 10.3% in the first quarter. Pre-pandemic delinquency rates were around 11%, and researchers said the latest data showed that delinquency is stabilizing. Yet researchers said that number could rise again due to the elimination of the Biden-era SAVE repayment plan, which gave borrowers affordable payments and a shorter timeline to debt relief."
Read more:
https://www.msn.com/en-us/news/other/older-student-loan-borrowers-are-at-risk-of-losing-a-chunk-of-their-social-security-there-s-a-new-bill-to-prevent-that/ar-AA2ahcsA?#SAVEPlan #StudentLoans #USPol #TrumpSucks #CharacteristicsOfFascism
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Dave Ramsey tells a 73-year-old without retirement savings how to get on track
Shutterstock / WS-Studio Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #DaveRamsey #HormelFoodsCorporation #JeffBezos #PersonalFinance #retirement #RetirementSavings #studentloan #StudentLoanDebt #UniversalLifeInsurance
https://www.newsbeep.com/us/373551/ -
Dave Ramsey tells a 73-year-old without retirement savings how to get on track
Shutterstock / WS-Studio Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #DaveRamsey #HormelFoodsCorporation #JeffBezos #PersonalFinance #retirement #RetirementSavings #studentloan #StudentLoanDebt #UniversalLifeInsurance
https://www.newsbeep.com/us/373551/ -
Trump Admin to Begin Garnishing Wages for Defaulted Student Loans in January
Wages could be garnished as early as 30 days after borrowers receive notice. -
Trump Admin to Begin Garnishing Wages for Defaulted Student Loans in January
Wages could be garnished as early as 30 days after borrowers receive notice. -
#StudentLoan #Debt Is an Overlooked Crisis in #Teacher #Education
The median #studentloandebt for #teachers is $72,000—half of which is from #graduate loans
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#StudentLoan #Debt Is an Overlooked Crisis in #Teacher #Education
The median #studentloandebt for #teachers is $72,000—half of which is from #graduate loans
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#StudentLoan #Debt Is an Overlooked Crisis in #Teacher #Education
The median #studentloandebt for #teachers is $72,000—half of which is from #graduate loans
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#StudentLoan #Debt Is an Overlooked Crisis in #Teacher #Education
The median #studentloandebt for #teachers is $72,000—half of which is from #graduate loans
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#StudentLoan #Debt Is an Overlooked Crisis in #Teacher #Education
The median #studentloandebt for #teachers is $72,000—half of which is from #graduate loans
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#StudentLoan #Debt Is Highest In These #US States
https://digg.com/data-viz/link/federal-student-loan-debt-highest-us-states
There's only one state where the average federal #studentloandebt is below $30,000.
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#StudentLoan #Debt Is Highest In These #US States
https://digg.com/data-viz/link/federal-student-loan-debt-highest-us-states
There's only one state where the average federal #studentloandebt is below $30,000.
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#StudentLoan #Debt Is Highest In These #US States
https://digg.com/data-viz/link/federal-student-loan-debt-highest-us-states
There's only one state where the average federal #studentloandebt is below $30,000.
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#StudentLoan #Debt Is Highest In These #US States
https://digg.com/data-viz/link/federal-student-loan-debt-highest-us-states
There's only one state where the average federal #studentloandebt is below $30,000.