A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers off balance. The impending blast is heading for borrowers paying down their student debt through an income-driven repayment (IDR) plan and who seek debt forgiveness on or after Jan. 1, 2026.

4. Pay extra on the loan. If you get extra income through a second job, a bonus or tax returns, consider putting that toward repaying your loan. While it might be tempting to spend it on a dream vacation, consider how paying extra will help you in the long run. The same can be said for any other debt you may have.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While debt management plans are often confused with other types of debt relief programs, like debt consolidation or debt ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. A debt management plan (DMP) can help you get your debt under control, but what happens when you ...

Trump's Department of Education said it plans to remove the partial financial hardship requirement to enroll in income-based repayment in December.

Tools like balance transfer cards, loan refinancing, and nonprofit counseling can help Americans cut interest and pay off debt faster in 2026.

Learn the warning signs of debt relief scams and reliable programs to get back on track. By recognizing the warning signs, you can make informed decisions.

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re like many Americans and are not financially prepared for an emergency, building savings should be a priority. However, if you have high-interest debt, it may be better to ...

As the holiday season fast approaches, many Americans are already bracing for a financial hangover that could last well into the new year. Gallup’s latest holiday forecast shows Americans plan to spend about the same on gifts this year as last year — though the average amount ($1,

Nearly half of over 2,000 adults surveyed on behalf of the AICPA said they expect to go into debt for holiday gifts or travel.