As Pandemic Fallout Deepens, Sen. King Pushes Administration to Follow Law, Temporarily Stop Seizing Student Loan Payments
July 02, 2020
July 02, 2020
WASHINGTON, July 2 -- Sen. Angus S. King Jr., I-Maine, issued the following news release:
U.S. Senator Angus King (I-Maine) joined a group of 28 senators in a letter urging the Administration to end the seizure of tax refunds from federal student loan borrowers in default and refund any payments seized in direct violation of federal law. This seizure of tax refunds, known as a tax offset, violates a provision in the CARES Act that suspends the collection of all federally held defaul . . .
U.S. Senator Angus King (I-Maine) joined a group of 28 senators in a letter urging the Administration to end the seizure of tax refunds from federal student loan borrowers in default and refund any payments seized in direct violation of federal law. This seizure of tax refunds, known as a tax offset, violates a provision in the CARES Act that suspends the collection of all federally held defaul . . .