A tax exemption for student loan forgiveness expired, meaning borrowers could face a big, surprise bill from the IRS.
For many families, the end of summer means the start of another school year. Teachers have prepped for months to meet their students, parents have shopped for what their kids need on the first day of ...
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Student-loan borrowers who get debt relief over the next decade may see their tax bills triple
A provision that made student-loan forgiveness tax-free expired in 2025. A new report shows the higher tax bills borrowers are facing.
Millions of federal student loan borrowers are now at risk of facing massive tax penalties, an advocacy group warned this ...
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Elizabeth Warren, 60 Democrats urge Trump to cancel student debt for eligible borrowers ahead of July changes
More than 60 Democratic lawmakers, led by Sen. Elizabeth Warren (D-Mass.), urged Education Secretary Linda McMahon on Sunday to provide student debt relief to eligible borrowers and halt plans to ...
Between 2 million and 3 million Americans could face a student loan "tax bomb" over the next decade.
Add Yahoo as a preferred source to see more of our stories on Google. Democratic lawmakers are pushing the Education Department to deliver student-debt relief to eligible borrowers. They also urged ...
A legal student loan advocacy group estimates the Department of Education is still reporting $4.6 billion in canceled debt, hurting borrowers’ credit.
Two student-loan borrowers filed a lawsuit against the Education Department, claiming canceled loans remain on their credit reports.
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Eric Lee / Bloomberg via Getty ...
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