A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

・The "Student Loan Tax Bomb" is a term that refers to the taxes owed on forgiven student loan debt in some circumstances. ・The tax bomb is set to return for many borrowers in 2026. ・Programs like PSLF ...

More than 43 million Americans carry student loan debt, and recent grads aren't the only ones feeling the pinch. Data show that many borrowers are in their 40s, 50s, and even 60s, still paying off ...

Processing delays for federal loan plan changes could prevent some borrowers from securing tax-free student loan forgiveness.

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

“There are two things that student loan borrowers need to know: There are changes in the way student debt is taxed, and the other is Congress didn’t extend tax-free student loan forgiveness,” Mike ...

Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Borrowers who believe they are receiving federal student-loan forgiveness could face tax liabilities of up to $70,000 or more ...

Section 110113 allows employers to contribute up to $5,250 annually toward an employee’s student loan repayments without these contributions being counted as taxable income for the employee. This ...

The One Big Beautiful Bill Act (OBBBA), sweeping federal spending legislation signed by President Donald Trump on July 4, promises to reshape higher education financing across the country. The new law ...