Debt Collection

7 Million Bad Student Loans With No Way Out, for Anyone

There are hidden costs, even when the government is able to collect the money. One of the department’s most successful — and draconian — collection mechanisms is the Treasury Offset Program, which garnishes government payments. In 2019, the Treasury Department seized nearly $4.9 billion from tax refunds and other payments to go toward student loan […]

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Truck Drivers’ On-the-Job Training Can Be Costly if They Quit

Once they have earned the license, drivers haul actual loads for their new employers. For typically four to 12 weeks, they are accompanied by a trainer. They earn a set weekly rate, varying by company but often $500 to $800, according to company websites. Mr. England said his company’s pay was $560 a week in […]

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