Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...
Some borrowers could fax substantial tax bills on their forgiven student loans.
For many who had the good fortune of having their loans canceled in 2025, they may be wondering what that means for their tax ...
While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness ...
A federal tax exemption for student loan forgiveness expired at the end of last year. Forgiven student loan amounts will now be considered taxable income at the federal level and in some states, ...
The Education Department began announcing long-awaited student loan forgiveness approvals under key programs after a lengthy delay had left many in limbo.
Since 2005, student loan debt has increased by more than tenfold, growing from roughly $160 billion to over $1.7 trillion currently. During his term, President Biden forgave approximately $188 billion ...
Add Yahoo as a preferred source to see more of our stories on Google. SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in ...