It is frightening to think you’re resigned (or near retirement) and you also nevertheless owe student education loans. My consumers who’re over 60 tell me personally that along with being scared, they’re embarrassed that despite being in payment for decades, they usually haven’t paid down loans they took off to have an increased education when you look at the 80s and 90s.
If they share those ideas beside me we encourage them to quit beating by themselves up.
Can Personal Protection be Garnished for Student Education Loans?
The us government can garnish 15% of one’s Social Security Advantages if you default on a student loan that is federal.