The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, ...
Student loan borrowers are encountering delays and backlogs while trying to access debt forgiveness programs. Meanwhile, a law that shielded student loan forgiveness from taxation is expiring at the ...
Practicing law can be a fulfilling and lucrative career, but the price of a J.D. keeps rising. In 2024, the average law school graduate had $130,000 in student loan debt. That’s more than twice as ...
More than 43 million Americans carry student loan debt, and recent grads aren't the only ones feeling the pinch. Data show that many borrowers are in their 40s, 50s, and even 60s, still paying off ...
The financial liability is due to a change in tax law scheduled to take effect in early 2026. Borrowers who believe they are receiving federal student-loan forgiveness could face tax liabilities of up ...
U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning January 1, student loan debt forgiveness could carry a high tax liability.
Key Points ・The federal tax exemption for income-driven repayment (IDR) student loan forgiveness expires after December 31, ...
Recent changes to the federal student loan system may affect borrowers' taxes. There are some helpful steps you can take now, ...
Federal student loan rules are shifting toward faster relief for borrowers who fit very specific criteria, and the stakes are ...
US student loan borrowers face key tax changes as 2025 ends. Federal student loan forgiveness will again be taxable, and the ...
Eligible student loan borrowers can have their debt canceled under some plans including income-driven repayment programs. The Education Department sent emails to eligible borrowers about their options ...