Page 9 - Treasury Offset Program News Today

Can my tax refund be garnished for late student loan payments? By Christy Bieber article Income tax refunds normally can be garnished for unpaid federal student loan debt. But this year, the rules are different. (iStock) The coronavirus pandemic has left many individuals unable to repay their federal student loans. Fortunately, the federal government temporarily shielded loan borrowers from the consequences of unpaid debt. The Biden Administration has taken steps to help student loan borrowe...

Tax Refund Nightmare: Why Your Refund from the IRS Could Be Delayed The IRS is struggling due to not just the pandemic, but a change in tax rules, and the sheer volume of tasks at hand. There is old saying that the two things you can’t escape are death and taxes, and even as the Internal Revenue Service (IRS) has extended the filing deadline from April 15 to May 17 this year due to the coronavirus pandemic, the taxman will still expect to be paid on time. Yet, many who overpaid throughout the...

What the Biden Administration Can Do Now To Make College More Affordable, Accountable, and Racially Just February 3, 2021, 12:01 am To read about actions that Congress can take, see "6 Actions Congress Should Take on Higher Education in 2021." As the pandemic rages on, Congress has a historic opportunity to reform the U.S. higher education system to meet the needs of the moment. Read the column There has perhaps never been such a critical need for a new presidential...