Starting next month, certain Social Security beneficiaries face up to 15% garnishment of their payments. Here's why.

More than 450,000 elderly student loan borrowers are currently in default and potentially subject to benefit reductions.

The program allows the government to withhold up to 15% of a Social Security benefit to repay a delinquent loan, Newsweek reported. Checks cannot be reduced to lower than $750, however. The 15% is ...

As the Trump administration restarts debt collection this month on defaulted student loans after a nearly five-year pandemic-era pause, its plans for garnishing Social Security payments could ...