Appearing in CNBC Make It on Aug. 12, 2025, Kamaron McNair interviews Abby Shafroth, managing director of advocacy at the National Consumer Law Center for coverage of how student loan borrowers in default risk having their Social Security payments and tax refunds withheld or your wages garnished.
“Borrowers who struggle to afford their payments [who wind up] in default can then sort of paradoxically be compelled to repay more each year, and more in total over the life of the loan, than if they’d not fallen into default.”
Abby Shafroth, managing director of advocacy at the National Consumer Law Center.
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