Student loan default, Dept of Education referred it to a collection agency, which is suggesting a rehab progra?
My student debt as of now is $ 4,247.77. My social security benefits has been offset to the US Treasury to the tune of $ 8,473.65 to date, almost double the debt, but the debt doesn’t reduce. Collection agency has told me that the offsets go directly to interest and penalties and is being treated like a mortgage, with interest being paid first. Is this right and what can I do?