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View Full Version : Student loan garnishment law


spaceworld
Feb 21, 2008, 09:03 AM
How much of a persons social security check can be taken to satisfy defaulted student loans.
I have read that the first $9000.00 is exempt and I have heard it is not. I have heard the garnishment is 10% and I have heard 15%. I would like to know the truth and is the percentage which is garnished based on the gross or net social security payment. Thank you.

progunr
Feb 21, 2008, 09:22 AM
Here is a link that should answer most of your questions.

Pay Student Loans or Lose Social Security Pay (http://www.globalaging.org/pension/us/socialsec/2006/studentloans.htm)

Good Luck!