I'd like to know more about money from wages. Is there a way for me to avoid having 15% of my wages garnished when dealing with loan collections?
One way to avoid this is to come to an agreement with the ED and negotiate better repayment terms for you which are acceptable by the ED or the private collection agency. You must ensure that the ED receives the first payment that is due no later than 30 days from the date of garnishment
I'd like to know something else. What can you tell me about repayment in full?
Well, a third option for getting out of default is to repay the full amount of your defaulted student loan.