Latest Posts
Home > Ask The Get Out of Debt Experts > Sallie Mae Wants to Garnish My Wages – Brandon

Sallie Mae Wants to Garnish My Wages – Brandon

“Dear Steve,

I owe sallie mae $103,500.00 and have paid them $3600.00 for 3 years on the interest but the loan still stands at the same amount. I have a private and a federal loan both equalling to the above amount. I’ve ran into the same problems as everybody on this site that deals with sallie mae which is they just put you in forberance.

It seems there is no help for loans anywhere and that to me is sad being everybody else can be helped but striving young people who only want to better themselves. I went to school for animation but can’t get a job due to tech issues with finding programs that are $6000 themselves.

So I’ve been getting them bootleg and it’s sometimes hard to come by. Also my computer took a crash so now I need a new one but can’t afford due to other hardships. I work a dead end job but still am able to get by but the loans still stand at the same amount…

My question is would it be better for me to just let sallie mae garnish my wages? If I can’t pay what they want which is $1100 every month then should I let a judge tell them what amount they can charge me based on my income and expenses?

Brandon”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Brandon,

Unfortunately when it comes to Sallie Mae there are no great options. Faced with a minimum payment of $1,100 or getting your wages garnished, the garnishment will most likely be much smaller. It’s not a perfect solution but at least it is a mandated payment based on disposable income. The formula for calculating the garnishment will be based on the rules of the state you live in.

Please post your responses and follow-up messages to me on this in the comments section below.

Big Hug!

Sallie Mae Wants to Garnish My Wages   Brandon
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

Sallie Mae Wants to Garnish My Wages - Brandon by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.