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Older US borrowers face rising student loan delinquency: How to avoid default under Trump's crackdown
The Trump administration has resumed aggressive student loan collections, causing nearly 18% of US borrowers aged 50 and over to become seriously delinquent. Older borrowers face increased risks of wage garnishment and default but can explore income-driven repayment plans and temporary relief options to avoid severe penalties. The Education Department has paused Social Security garnishments for...
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