Earthquake at Social Security: Up to 15% Benefits Cut for Those Who Defaulted on Federal Student Loans
To allow beneficiaries to resume payments, the U.S. Department of Education reversed the plan to deduct up to 15% of Social Security benefits from retirees or disabled people who had defaulted on federal student loans. Millions of disabled, retired, and survivors rely on their monthly Social Security benefits to help cover necessities like housing and … Read more