Nearly 2 million student-loan borrowers are in danger of having their wages garnished this summer by the federal government, according to The Wall Street Journal.

Citing data from the TransUnion credit-reporting bureau, the outlet reported on Tuesday that about 6 million federal student-loan borrowers are 90 days or more past due on their payments after the end of a pandemic-era forbearance. Of those, about one-third, or nearly 2 million borrowers, could default on their loans in July and have a portion of their paychecks automatically withheld.

That’s a sharp uptick from the credit agency’s earlier May projection of 1.2 million in default by next month.

Read more at Newsmax© 2025 Newsmax. All rights reserved.