For Unpaid College Loans, Feds Dock Social Security -

It's no secret that falling behind on student loan payments can squash a borrower's hopes of building savings, buying a home or even finding work. Now, thousands of retirees are learning that defaulting on student-debt can threaten something that used to be untouchable: their Social Security benefits.
Sixty thousand Social Security recipients are now getting their benefits docked to pay old unpaid student loans. In may cases this is to pay off loans that parents and grandparents co-signed for their children and grandchildren.