Income-Driven Repayment Recertification Delays
When borrowers apply for, or recertify for, their income-driven repayment plan using their most recently-filed tax return, they can typically complete the process online via the. An IRS data retrieval tool allows borrowers to link their income data from their federal tax return as part of the online application process.
For borrowers in default on their student loans who are facing involuntary wage garnishment, federal student loan lenders must issue a Final Notice of Wage Garnishment, which gives the borrower 30 days to object, dispute the debt, request a hearing, or work out a resolution. Even before the current postal service slowdown, these notices would often arrive late, in some cases weeks after they were generated. Borrowers have little recourse if they receive the notice too late.
The Trump Administration brought in financial experts to modernize the way FSA offers and services student loans
it's shutting down America !
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