Those affected by the change "are obviously, and rightfully so, really worried about this," one advocate said.
The College Investor on MSN
Which states tax student loan forgiveness?
While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan ...
Credit: Wong Yu Liang / . Obtaining student loan forgiveness can feel like pure relief — but there may be some ...
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 ...
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Student-loan borrowers who make enough payments could get debt relief — and a big tax bill this year
A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands ...
The first change applies to students attending less than full time. Until now, part-time students have had the same loan maximums as full-time students. Starting in the 2026-27 academic year, though, ...
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.
Millions of student loan borrowers are contending with seemingly constant changes to repayment and loan forgiveness programs. But even more major disruptions to student loans are on the horizon. And ...
Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.
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