Will Student Loans Be Garnished In 2024. Starting in july 2024, payments for borrowers with only undergraduate student loans will be cut in half. Federal student loan forgiveness programs have changed quite a lot over the last year, and more options for student debt relief are coming.
In contrast, private student loans require a court judgment before wages or. As part of the pause on federal student loan payments during the pandemic, the biden administration has stopped taking tax refunds until 2024.