seizures

‘A band-aid on a serious wound’: More student-loan borrowers are at risk of Social Security and tax refund seizures once Trump’s pause lifts

Student-loan borrowers are falling behind on payments at record levels.A new report by left-leaning groups, the Century Foundation and Protect Borrowers, found that nearly 9 million student-loan borrowers — or one out of every five — are in default, which typically occurs after a federal borrower hasn’t made a payment…