CNBC’s Emily Wilkins reports on the Trump administration's announcement that they will begin garnishing wages for Americans with student loans who are in default in January.
Breakdown
- Trump administration to garnish wages of student loan defaulters 4s
- About 5 million Americans currently in default may be affected 13s
- Program starts with 1,000 people and will expand over time 28s
- Move aims to reduce national debt and deficit 43s