When Student Loan Borrowers Lose Access to the EITC
The National Consumer Consumer Law Center (NCLC) has released its 2020 update to a 2018 report that compiled the stories of borrowers experiencing hardship in the wake of the federal government’s seizure of their EITCs due to student loan defaults. The report highlights the devastating impacts that can result from these fund confiscations, especially amidst a global pandemic and during a time of record unemployment.