Detailing Fine Points of Student-Loan Garnishment Suspension

Garnishments of federally held student loans were put on hold until Sept. 30, 2020, under the recently signed CARES Act, but clarification of some of the details can help employers during the temporary suspension.

Some terms of the garnishment suspension may confuse employers as the Education Department refines details of the program authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed March 27 by President Donald Trump.

Employers face the challenge of identifying student-loan wage garnishments that qualify for suspension and identifying how a directive from the Education Department relates to the student-loan garnishment terms. ...