Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to working people to turn the system on before we’re sure that we can run it in a compliant manner,” says Julia Barnard, higher education team lead at the Debt Collective and former student loan ombudsman at the Consumer Financial Protection Bureau. To student debtors facing financial hardship, Barnard suggests “immediately [contesting] when they get a notice of wage seizure.” She lays out what is at stake, options for those facing default, and more.
The staff of Mother Jones is, once again, rounding up the heroes and monsters of the past year. This is a non-exhaustive and totally subjective list, giving our reporters a chance to write about something that brought joy, discontent, or curiosity. Happy holidays. In early April, as the planet’s richest man chainsawed apart the livelihoods of thousands of hard-working […]
Abu Dhabi sovereign wealth fund Mubadala increasingly relies on AI to screen deals, make investment decisions and, ultimately, sell its own tech products.