- cross-posted to:
- usa@lemmy.ml
- cross-posted to:
- usa@lemmy.ml
According to the NYT article[0] “about five million borrowers are in default” which means like 1.5% of the population is about to have 15% of their wages garnished. Seems pretty intense.
https://www.nytimes.com/2025/12/23/business/student-loan-debtors-default-wages-garnish.html
The courts can choke on their own vomit for letting the SAVE plan disappear.