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 ...
As part of an agreement with the U.S. Department of Education and the American Federation of Teachers and the Department of ...
Trump’s replacement – called the Repayment Assistance Plan – goes into effect in July 2026. It will calculate monthly costs ...
Several changes to student debt forgiveness have been reflected in Trump’s tax bill, including lowering caps on graduate ...
While they won’t be charged federal taxes, borrowers in certain states may have to pay state income taxes on the forgiven ...
The Trump administration has agreed to continue some forms of student loan forgiveness and payment plans in a court settlement ...
Trump administration agrees to court-supervised student loan forgiveness plan, protecting borrowers from tax bills and ...
The agreement comes after the American Federation of Teachers filed a lawsuit against the Department of Education.
In what officials are calling a "milestone moment" for higher education loan borrowers, the U.S. Department of Education will ...
After a pause under the Saving on a Valuable Education (SAVE) program, the U.S. Department of Education is resuming student ...
The agreement, pending court approval, ensures the Education Department processes loan forgiveness applications for more ...