Starting in 2026, student loan forgiveness will be taxable at the federal level. This could cost the average borrower ...
Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...
While some routes to loan discharges have been blocked or delayed in 2025, the Department of Education has still granted borrowers billions of dollars in forgiveness.
Student loan forgiveness has a mixed track record. Last summer, the Supreme Court struck down a broad plan that would’ve erased up to $20,000 per borrower. Still, student loan forgiveness is more ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The good news? They do. The bad news? While the IRS' tax forgiveness ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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