An estimated 2 million Americans age 60 and older are still carrying student debt—and learning too late that their Social Security benefits could be in jeopardy.
ConsumerWatch Reporter Julie Watts reports that some are now finding their Social Security benefits are being garnished as the government attempts to collect on old student debt.
Read More at CBS San Francisco:
SAN FRANCISCO (KPIX) — Like many Bay Area retirees, 72-year-old Eileen Joyce relies on Social Security to get by, but last year Joyce’s $852 monthly payment was slashed by $102 — the government’s last-ditch attempt to recover $5,000 Joyce borrowed decades ago to attend graduate school.
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