Birdwatch Note Rating
2023-06-05 15:20:58 UTC - NOT_HELPFUL
Rated by Participant: D57B1282377E7986EFBF8F7E58A681592F64E9681C59916FA8DAACE041D916C3
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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