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Beyond Student Loan Forgiveness, Here's What the Government Can Do to Keep the Rising Household Debt in Check

Saturday, August 27, 2022
Nathaniel Lee | NBC
Lucia Mattox

"For folks who have higher debt loads, they're actually getting their wages garnished or seized at really high rates," according to Lucia Mattox, senior policy manager at the Center for Responsible Lending. "Currently at the federal level, only $217.50 is protected in someone's weekly paycheck and that bill hasn't been updated since the late '60s."