Student loan forgiveness is federally tax-free, but borrowers in five states may owe state income taxes on forgiven amounts.

The Department of Education announced last week that borrowers who have met the qualifying payment count under Income-Based ...

If you live in Arkansas, Indiana, Mississippi, North Carolina, or Wisconsin, you may have to pay state income taxes on federal student loan forgiveness you received. Federal student loan forgiveness ...

Some student-loan borrowers on income-based repayment plans are on track for debt cancellation, but the government shutdown ...

(NewsNation) — The Department of Education‘s major student aid programs will continue, despite expected furloughs as the government shutdown persists. The department plans to process incoming Free ...

A potential government shutdown looms as lawmakers are deadlocked over the 2026 federal budget. The Department of Education plans to furlough about 95% of its non-Federal Student Aid staff in the ...

A government shutdown on Wednesday could have the potential to disrupt a multitude of federal activities — but people with student loans are expected to continue making their repayments, according to ...

Overall, some 42.3 million borrowers owe $1.67 trillion in student loans, according to the Education Department.