return2ozma@lemmy.world to News@lemmy.world · 1 year ago62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.orgexternal-linkmessage-square137fedilinkarrow-up1439arrow-down123cross-posted to: workreform@lemmy.world
arrow-up1416arrow-down1external-link62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.orgreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square137fedilinkcross-posted to: workreform@lemmy.world
minus-squareRiyrialinkfedilinkarrow-up3·1 year agoNo, your income isn’t collateral. Garnishment is sought because there is no collateral to claim. Collateral is explicitly put up to guarantee a loan.
No, your income isn’t collateral. Garnishment is sought because there is no collateral to claim. Collateral is explicitly put up to guarantee a loan.