Student Loans : How to Know the Maximum Wage Garnishment for Failure to Pay a Student Loan

1,367 views · Published 13 December 2008 · 1:33 · Indexed 22 September 2026

Channel: ehow · 2008 · Howto & Style

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The maximum wage garnishment for failure to pay a student loan is usually 15 percent of the take-home income, and wage garnishment severely hurts credit history. Find out how the government can take money out of paychecks for loan payments with financial advice from a guidance counselor in this free video on student loans.

Expert: Cheri Ashwood 
Contact: www.wearehdtv.com
Bio: Cheri Ashwood has a bachelor's degree in psychology and education, and has been a guidance counselor for nearly a decade.
Filmmaker: Christopher Rokosz

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