A Boomer Who Can't Afford Retirement Faces a $1,414 Student-Loan Bill

businessinsider.com/boomer-cant-afford-retirement-high-student-loan-payment-wage-garnishment-2025-5

Trump restarted collections on defaulted student loans on May 5, after a five-year pause.
- James Southern, 63, is facing a $1,414 bill on his student loans.
- He can't afford to pay it, and he risks falling into default and having his wages garnished.
At the end of March, James Southern…

This story appeared on businessinsider.com, 2025-05-25 12:59:03.843000.
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