Employers to begin garnishing wages to repay student loans
Govt workers to be first affected as new mandatory deductions ordered.
EMPLOYERS of former students with outstanding loans will face demands starting in June to garnish the wages of their employees for outstanding sums related to the Student Loan Fund.
The fund’s manager, Chainarong Kajchapanan, said recently the Comptroller-General’s Department would be the first employer to deduct loan recipients’ salaries for repayments to the fund.
“The Comptroller-General’s Department will start doing this in June,” he said. “Then other government agencies will follow suit.”
There are 170,000 student-loan recipients working in the government sector.
He added that he expected employers in the private sector to begin making such deductions around October.
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