Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a ...
Until the end of 2025, student loan forgiveness remains tax-free at the federal level, thanks to the American Rescue Plan Act of 2021. However, the new legislation, often referred to as the "great and ...
Forbes contributors publish independent expert analyses and insights. Robert Farrington writes about higher education and student loans. Starting January 1, 2026, certain types of student loan ...
Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week ...
“There are two things that student loan borrowers need to know: There are changes in the way student debt is taxed, and the other is Congress didn’t extend tax-free student loan forgiveness,” Mike ...
WASHINGTON, DC November 20: US Secretary of Education Linda McMahon during the daily briefing in the Brady Briefing Room of the White House on Thursday November 20, 2025. The Education Department is ...
President Donald Trump's "big beautiful" bill became law when he signed the policy on July 4. But Americans likely won't feel the impact of all of the bill's provisions immediately. Some of the ...
The Trump administration is predicting larger tax refunds for the 2026 season due to changes in the "big beautiful bill," but the millions of student loan borrowers who are behind on their payments ...