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Lapsed Education Loan Re Re Payments May Run You a Tax Reimbursement

Lapsed Education Loan Re Re Payments May Run You a Tax Reimbursement

Borrowers that have stopped repaying their federal figuratively speaking could get a surprise that is unwelcome taxation season: The refunds they certainly were expecting can be withheld by the government.

In just what is known as a tax reimbursement “offset, ” the national government has got the directly to withhold funds from education loan borrowers that have dropped into standard, and use the cash into the loan balance. Continue reading