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A $10K student-loan tax hit starts 1/1/2026
A new kind of student loan shock is coming for borrowers who thought forgiveness would finally close the book on their debt. Starting at the beginning of 2026, many people whose balances are wiped out ...
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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 forgiveness. Even though some popular programs like Public Service Loan Forgiveness ...
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 ...
From filing thresholds and scholarships to education credits and student loan deductions, here’s how tax year 2025 looks for college students.
For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...
Millions of federal student loan borrowers are behind on their student loans and facing a “default cliff.” If you have been paying back your loans, there’s one additional benefit beyond keeping your ...
A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers off balance. The impending blast is heading for borrowers paying down their ...
Many students borrow money or accept grants and scholarships to help pay for higher education. Fortunately, student loans aren’t taxable, so you don’t report student loans as income on your tax return ...
Add Yahoo as a preferred source to see more of our stories on Google. SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in ...
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