Tag Archives: smartmoney

College Debt Could Lower Your Social Security Checks

Get this… if you have defaulted on a college loan the Social Security administration has been docking Social Security checks. Smartmoney.com reports that Baby Boomers that default on  student-debt can have their Social Security benefits reduced. “According to government data, compiled by the Treasury Department at the request of SmartMoney.com, the federal government is withholding […]