If you find yourself with an Administrative Wage Garnishment the best way out is through the U.S. Department of
Education loan rehabilitation program.
Not exact matches
That would trim about $ 1 billion from the $ 24 - billion
Education Department budget, and would affect all education programs except Stafford student loans and vocational rehabi
Education Department budget, and would affect all
education programs except Stafford student loans and vocational rehabi
education programs except Stafford student
loans and vocational
rehabilitation.
The National Council of Higher
Education Loan Programs stated in March 2009 that guaranty agencies would not offset state tax rebates of all borrowers who made the required
rehabilitation payments and continued to make payments while waiting for a buyer to purchase their
loans.
To do the
loan rehabilitation program on your own, you would need to first negotiate an affordable payment with the Department of
Education (DOE), and once they agree to an affordable payment under the
loan rehabilitation program you will then need to make nine - consecutive payments.
Successful completion of the student
loan rehabilitation program (making nine out of 10 payments on time) takes the debt out of the collector's portfolio and sends it back to the Department of
Education.