If your student loan forgiveness is subject to taxes, any amount you receive in forgiveness is considered taxable income.

Those affected by the change "are obviously, and rightfully so, really worried about this," one advocate said.

A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands of dollars in taxes.

A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower ...

Some student loan borrowers who get their debt canceled in 2026 may be hit with a tax bill now that a law protecting the relief from levies has expired.

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan ...

For millions of borrowers, finally seeing a student loan balance wiped away is supposed to mark the end of a long financial ...

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.

With debt forgiveness, creditors pardon some or all of your debt. Various types of debt may qualify for forgiveness. Debt forgiveness can offer relief from overwhelming financial burdens, but it does ...

For the majority of long-term payment plans, the minimum monthly payment is determined by dividing the total debt by 72 ...