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Student Debt Could Take a Chunk Out of Older Americans’ Social Security — Sanders, Warren Back New Bill to Stop It

Aug 17, 2026 · 08:24 AM ET· updated 58m ago
Student Debt Could Take a Chunk Out of Older Americans’ Social Security — Sanders, Warren Back New Bill to Stop It

Sanders, Warren and Markey introduced legislation Monday to protect older borrowers from Social Security garnishment.

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Why It Matters

Some lawmakers want to stop the government from taking money out of older people's Social Security checks to pay back student loans. This matters because if older Americans keep more of their Social Security money, they might spend it on things like food and healthcare, which could help companies that sell those things.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.