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Market Impact: 0.12
Default on Federal Student Loans and the Government Can Take Up to 15% of Your Social Security Check
Source: 247wallst.com
Credit & Bond MarketsConsumer Demand & Retail

The article warns that carrying federal student loan debt into retirement can materially affect monthly income beyond a credit-score impact. It highlights that older borrowers may be unaware of how broadly the government can reach into retirement earnings, suggesting increased financial risk for this segment.
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