Chances are Social Security will undergo periodic changes for several years to come to accommodate the increasing number of eligible beneficiaries. Currently, if someone is eligible for social security benefits and also has outstanding student loans, their social security payment can be garnished by up to fifteen percent. Unless the current law changes, student loans cannot be discharged in bankruptcy unless a loan holder experiences an undue hardship. Seek a student loan repayment plan that is most suitable for you and seek employment with an employer who offers student loan repayment as an employee benefit. Never ignore student loan debt.
https://studentloanhero.com/featured/social-security-payments-for-student-loans/
Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel, United Methodist Church on the Northern Neck in Montross, VA. Rev. Dr. Taylor promotes best practices for financial literacy and financial empowerment in the church and leads workshops throughout Northern Virginia. Currently, she serves as the Chair of the District Finance Committee. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, VA. Rev. Dr. Donna Taylor is married to Dr. David Taylor, who is also the Director of our church-based free clinic. They have two adult children and three grandchildren. In her leisure time, Rev. Dr. Taylor enjoys traveling, jogging, weightlifting, swimming, yoga, and interior decorating. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.