Student loan wage garnishment: How defaulting could dent your paycheck
Your paycheck could be at risk if you stop paying your student loans.
Jennifer is a former editor on the Loans team with previous experience as an editor in the education space on BestColleges.com. She was committed to helping writers develop impactful stories that help guide readers at any stage of their financial journey.
Prior to working as an editor, Jennifer spent almost 8 years working in South Korea in the education sector, where she learned how to be extra frugal so she could continue saving enough money to pay off her student loans and save for her future home. This kickstarted both her passion for helping others take control of their finances and her love of cooking.
On the side, Jennifer likes to write reviews for an independent Seattle publication. She also likes to read, watch witty comedy, run and cycle, travel to visit friends and teach herself the violin. Her friends call her a foodie, and she will find any excuse to eat good food with good company.
I feel like the word frugal has a bad rap these days. People seem to associate it with being poor, but this is what I have done since I was 21 and bought a place on my own when I was 40. Budgeting and saving with a lot of patience can go a long way to achieving big financial goals.
Your paycheck could be at risk if you stop paying your student loans.
Goodwill letters can convince creditors to remove late payments from your credit report.
Securing multiyear approval reduces credit score impacts and brings peace of mind.
Find out how the latest from the borrower’s defense settlement case which is providing relief for 200,000 defrauded student loan borrowers.
As of Jan. 31, 2024 Discover no longer offers student loans.
Scholarships are tax-free in most cases, though there are a few exceptions.
Discover how consumers are coping with rising car prices and tariffs on imported vehicles.
Learn how to prioritize and pay off student loans with expert tips and strategies. Find out which strategies works best for you.
We appreciate your feedback
Thank you for taking the time to share your experience.