08/08/2012 04:41 pm ET Updated Aug 08, 2012

For Unpaid College Loans, Feds Dock Social Security

It's no secret that falling behind on student loan payments can squash a borrower's hopes of building savings, buying a home or even finding work. Now, thousands of retirees are learning that defaulting on student-debt can threaten something that used to be untouchable: their Social Security benefits.

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