Key Points ・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable ...
Under the deal, the federal Department of Education will again process student loan forgiveness applications for borrowers in ...
Several changes to student debt forgiveness have been reflected in Trump’s tax bill, including lowering caps on graduate ...
Trump’s replacement – called the Repayment Assistance Plan – goes into effect in July 2026. It will calculate monthly costs ...
As part of an agreement with the U.S. Department of Education and the American Federation of Teachers and the Department of ...
The Trump administration has agreed to continue some forms of student loan forgiveness and payment plans in a court settlement ...
The agreement comes after the American Federation of Teachers filed a lawsuit against the Department of Education.
Trump administration agrees to court-supervised student loan forgiveness plan, protecting borrowers from tax bills and ...
While they won’t be charged federal taxes, borrowers in certain states may have to pay state income taxes on the forgiven ...
The agreement, pending court approval, ensures the Education Department processes loan forgiveness applications for more ...
After a pause under the Saving on a Valuable Education (SAVE) program, the U.S. Department of Education is resuming student ...
The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are ...