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Seniors With Defaulted Student Loans Could Lose Over $2,000 A Year In Benefits
Published 1 month, 2 weeks ago
Description
Senator Elizabeth Warren pressed Deputy Treasury Secretary nominee Francis Brooke at a Senate Finance Committee hearing over whether the Treasury Department will resume garnishing Social Security benefits for seniors with defaulted student loans.
In the exchange, Brooke could not say how many borrowers are in default and declined to commit to keeping the current pause on Social Security offsets in place.