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A last-minute decision by the Education Department prevents automatic student loan deductions from Social Security checks for over 450,000 older borrowers.
The Trump administration has suspended a controversial plan to resume garnishing Social Security checks from older Americans who have defaulted on federal student loans. The abrupt shift spares hundreds of thousands of retirees from losing up to 15 percent of their monthly benefits. The U.S. Department of Education had previously announced that collections on defaulted loans…
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