Browsing: Forgiveness
Student Loans Are NOT IncomeBorrowed money isn’t income, and the IRS says so directly: loan proceeds you receive from a…
Federal income-driven repayment forgiveness became taxable again on January 1, 2026, when the American Rescue Plan Act exclusion expired. Congress…
Key Points Public Service Loan Forgiveness is the only broad federal program that still cancels balances tax-free, and it survived…
Is it better to put more money into my 401(k) rather than pay extra on my student loans when I…
Foster parents take on work the state would otherwise have to pay for, and a lot of them are doing…
Graduate school is where student loan debt gets serious. According to the Education Data Initiative, the average borrower with graduate…
Key PointsBorrowers who expected forgiveness or another pause extension reduced their loan payments by $40 per month on average.Those same…
Key PointsTEPSLF lets payments made on Graduated, Extended, and certain Consolidation repayment plans count toward the 120 payments needed for…
The U.S. Court of Appeals for the Ninth Circuit unanimously rejected (PDF File) the Department of Education’s appeal to delay student…
A pair of Democratic bills introduced in May would eliminate one of the oldest restrictions in federal student loan policy:…