Consumers struggling with onerous student loan payments in a tight economy may be in for some bad news: Those loans never go away, and even Social Security checks can be garnished to pay them back. According to a report by Smartmoney.com, between January and Aug. 6, about 115,000 people had their retirement checks reduced to pay off federal student loans. Up to 15 percent of the payment can be withheld, or $185 from the average Social Security check of $1,234. …
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