Tag: U.S. Department of Education
You may owe taxes for federal student loan forgiveness in these states
Marko Geber | DigitalVision | Getty ImagesIf you're one of the millions of Americans expecting student loan forgiveness, you won't owe federal taxes. [...]
Education Dept. cancels $1.5 billion in loans for Westwood College borrowers
Tero Vesalainen | Istock | Getty ImagesThe U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for for [...]
Do you make too much for student loan forgiveness? Here’s what to know
If you're one of the millions of Americans with student loans, President Joe Biden's forgiveness plan may be welcome relief.However, there are some ke [...]
13 states may hit borrowers with state tax liability on forgiven student loans
President Joe Biden's student loan forgiveness plan will soon cancel debt for millions of Americans — and the relief is tax-free on federal returns. H [...]
What President Biden and lawmakers can do to fix the student debt crisis
Student debt in the U.S. has ballooned to over $1.7 trillion since Congress first allowed college students to borrow from the government in 1958. T [...]
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