Will student loan forgiveness affect current Social Security benefits?
Published: November 9, 2022Hi there,
Social Security can garnish up to 15 percent of your benefits if you default on federal student loan debt. However, there is a cap to what they can leave with you. Your benefits cannot be less than $750/month.
There are some special rules regarding student loans, disability, Social Security, and more. For personalized advice, schedule a consultation with an RSSA here.
Take care,
Martha