Can Sallie Mae Garnish Wages?

Q: Question posed earlier, please no vulgarity or insults. If you owe student loans and default and move to Canada, can Sallie Mae legally garnish your wages in Canada?


A: If you don't have a work visa you will have no wages in Canada. Otherwise, no they cannot.

can't pay you Oh you must be crazy, payments are monthly no can't do this on my own sallie mae, I can't pay off my student loans they ...

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Student loans may be issue in presidential race

— Outstanding student loan debt — which exceeds $1 trillion, more than what Americans owe on credit cards — is likely to be a major political issue this election year as students and their parents question the rising cost and value of a college education.

In Occupy Wall Street encampments around the country, some are demanding that the law be changed so student debt could be discharged -- erased -- in bankruptcy proceedings. Others are lobbying for states to increase subsidies, and lower tuition, at state schools.

The rate of defaults rose from 7 percent in 2008 to 8.8 percent in 2009, the latest official figures available. That’s 320,194 of the 3.6 million people who began repayment that year, according to the U.S. Department of Education.

California had a default rate of 7.8 percent, representing 21,529 individuals, in 2009. Florida had a default rate of 10.5 percent, representing 19,279 individuals. Indiana had a default rate of 8.4 percent, representing 7,736 individuals. Ohio had a default rate of 8.5 percent, representing 13,443 individuals. South Carolina had a default rate of 6.3 percent, representing 2,652 individuals. Tennessee had a default rate of 10.8 percent, representing 7,311 individuals. Texas had a default rate of 10.1 percent, representing 21,405 individuals. Washington state had a default rate of 7.1 percent, representing 3,768 individuals.

Can texas guaranteed student loan corporation garnish my wages ...

ABSOLUTELY~~

When you sign a promissory note, it’s your obligation to repay the money you clearly used to benefit yourself an education…………………….when you do not repay, it’ causes interest rates to increase and makes it harder for other students coming behind you the benefit of financing their educations…..

Remember the FEDERAL GOVERNMENT backs student loans and can not only garnish your wages, they can confiscate your future earnings, liquidable assets and tax refunds………..you really don’t wanna get in bad with them.

I would suggest you contact your lending institution and set up some sort of repayment schedule or deferment…………….would you want someone to borrow something from you and NOT repay it? I doubt it!

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