GUARANTORS WHO SIGNED for delinquent borrowers from the Student Revolving Loan Fund (SRLF) are the latest targets as the agency looks to recoup millions.
But the agency’s attempt to touch their salaries, pensions and gratuities has outraged some who have reported that they recently received letters simply telling them the money was being taken out, while in another case the letter went directly to the guarantor’s payroll department unknown to him.
Some of them said they were seeking legal advice on whether an administrator at the Government education loans facility has the power to instruct the Treasury Department to take the money without any consultation or court order.
In some cases, guarantors working in, or retired from, the public service with pensions and gratuities coming through the Treasury were informed that lump sums of thousands of dollars would be deducted in one fell swoop. (AC)
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