Birdwatch Note Rating
2023-06-04 05:03:27 UTC - HELPFUL
Rated by Participant: 1B0CC438BCA3072E7E1FD5D62A78A721C4C386FCE1F210F06D23222DD997D49C
Participant Details
Original Note:
The majority of student loans are held by the federal government, which can forcibly seize assets of those who default on loans. https://www.fool.com/credit-cards/2017/03/11/what-happens-if-you-dont-pay-your-student-loans.aspx For example, the Department of Education can garnish up to 15% of a person's wages. https://studentaid.gov/help-center/answers/article/what-is-wage-garnishment
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