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 ...

A law that shielded student loan forgiveness from taxation at the federal level expires at the end of 2025. Meanwhile, the federal government has resumed garnishing the tax refunds of borrowers in ...

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 ...

The Education Department indicated this week that student loan forgiveness approvals may surge during the second half of ...

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 ...

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 ...

SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax policy this year. This comes after a provision of the ...

In an ominous sign for student loan borrowers, the Education Department published new data indicating that backlogs for ...

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 ...