Went back to school and do to high risk pregnancy did not finish so I have student loans and I owe the school as well. My husband makes minimum wage and I only work about 20hr a wk at minimum as well.
I received a call from a collections office and was told that if I did not make payment arrangements they would not only garnish my wages but my husbands as well. We both live in the state of TX and honestly we are just making ends meet. Can they garnish our wages? Can they really garnish my husbands eventhough the loan was not for him?
I think the important factor is not who the loans were for but who signed and/or guaranteed the loans. Maybe he was a co-borrower? If so, then we would be liable for the loans.
Student loans are a tough thing to owe. I just interviewed a woman yesterday that is homeless but still has to pay on her student loans.
If they are government backed loans look into the IBR (Income Based Repayment) plan for some potential relief.
P.S. Be sure to read ‘The Secret of Surviving Through Difficult Economic Times. What I Learned On My Journey‘.