Social Security Offsets and Defaulted Student Loans (CFPB)
Higher Education Inquirer
JANUARY 17, 2025
At the beginning of the COVID-19 pandemic, the Department of Education paused collections on defaulted federal student loans. 7 Congress created the Social Security program in 1935 to provide a basic level of income that protects insured workers and their families from poverty due to situations including old age, widowhood, or disability.
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