With just one week left in his presidency, President Joe Biden announced a new round of student loan forgiveness for 150,000 borrowers. Although he fell short of his broader promise to cancel ...
If your federal student loans were forgiven in 2024, you may be wondering if there are any tax implications. Many borrowers have benefited from education debt cancellation under the Biden ...
In some situations you can have all or some of your debt forgiven. The portion of debt that is forgiven can be considered taxable income. The company that canceled the debt that will issue a Form ...
President Biden’s original student loan debt forgiveness plan was put on hold due to legal challenges. But ever since the U.S. Supreme Court struck down that plan, the Biden administration found ...
With Monday’s authorization and 27 previous ones, the Biden administration has forgiven over $180 billion in student loans, even as its larger policy vision never took root. By Zach Montague The ...