Seniors ForcedInjected Poverty As Education Department Demands Payment

September 26, 2014 Nemes Education

The Education Department is demanding so much money from senior citizens with defaulted student loans that its requiring tens of countless them into poverty, according to a government audit.

At least 22,000 Americans aged 65 and older had a part of their Social Security benefits garnished last year to the point that their monthly benefits were below federal poverty thresholds, according to the Government Liability Office.Edu cation Department-initiated collections on defaulted federal student loans left a minimum of another 83,000 Americans aged 64 and younger with poverty-level Social Security payments, GAO data reveal. Federal auditors warned that the variety of Americans forced to accept poverty-level benefits since of past defaults on federal student loans are undoubtedly greater.

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