Today we are running the fifth segment of the 15-part series on college-student-loan debt. (Thank you to onlinecolleges.net for putting this together.
In 2011, the government recouped more than $2.67 billion using these methods.
If you think that seizures and garnishments are uncommon, then think again. Last year, the government collected $1.65 billion in loan debt through seizures of government checks and another $1.01 billion through wage garnishment.