Is Wage Garnishment Ever Cheaper Than Student Loan Repayment?
The College Investor | 30.05.2026 17:30Short answer: no. For nearly every federal student loan borrower, wage garnishment and the rest of the default collections process will cost more than the lowest-payment repayment plan they qualify for. There is one structurally interesting exception, but even that one comes with consequences that ruin any savings.
