While the economy is still on shaky ground and the shadow of tariff-caused price increase continues to loom, nearly 2 million Americans could see their paychecks garnished by the government this summer.
Just last month, the estimated number was 1.2 million.
It could be much worse by the end of summer, also. TransUnion, the Journal reports, estimates another 1 million borrowers could default by August, followed by another 2 million in September. (Not all of those people will reach that state, as some are in the process of working out deals with their lenders.)