Student-loan borrowers behind on payments are getting a major break, the US education secretary says
Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause.
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- Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause.
- It follows a December announcement that garnishment notices were resuming in early January.
- It's unclear when the pause was implemented and how long it will last.
Student-loan borrowers in default might not face smaller paychecks — yet.