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Student-loan borrowers behind on payments are getting a major break

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.
  • The Education Department later confirmed that the pause applies to wage garnishment and tax refund seizures.
  • The pause is intended to be temporary to give borrowers more options to repay their loans, the department said.

Student-loan...

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