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L
lizharo
March 28, 2020
Question

I am concerned about Income tax garnishment for Student loans. I have read articles stating that no student loans are being collected until August of 2020. Is this true?

  • March 28, 2020
  • 1 reply
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M
MinhT1
March 28, 2020

There is no provision in the new CARES Act which prevents the IRS from offsetting your refund for delinquent student loans.

 

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    NCPERSON1
    March 28, 2020

    here is a good article from a reputable source that explains the impact on student loans

     

    https://www.forbes.com/sites/adamminsky/2020/03/26/heres-what-the-stimulus-doesand-does-notdo-for-student-loan-borrowers/#1df6ff4e7e32

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