6 Student Loan Forgiveness Takeaways

Do You Qualify For These New Student Loan Forgiveness Programs?
The debate over student loan forgiveness has mainly focused on sweeping federal proposals. Now, some states are taking matters into their own hands
Student Loan Borrowers Could See Higher Payments After Judge's Ruling
A recent ruling from an appeals court will likely affectively end the implementation of the Saving for a Valuable Education (SAVE) Plan.
5 States Where You Have to Pay Taxes on Federal Student Loan Forgiveness
KEY TAKEAWAYS 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 is exempt from federal income tax under the American Rescue Plan Act (ARPA).
Court Blocks Biden’s Student Loan Forgiveness; Here’s What Borrowers Might Face
Here's what student loan borrowers could potentially face after court blocks SAVE, a critical student loan forgiveness program.
Student Loan Forgiveness Suffers Fatal Blow
The 8th Circuit Court of Appeals sided with Republican-led states that sued to block Biden's Saving on a Valuable Education plan.
What to Know about Taxes and Student Loan Forgiveness in 2025
Did you know that under normal circumstances, you pay income taxes on canceled or forgiven student loan debt? Even though you’re not seeing a penny in income from it, most forgiven student loans can result in a higher IRS bill.
Appeals court blocks student loan relief for 8 million borrowers, keeping Biden-era SAVE program on ice
Student loan relief faces another setback as U.S. appeals court rules that the Biden administration overstepped its powers by ...
US appeals court blocks Joe Biden's student loan relief plan
A U.S. appeals court ruled on Tuesday that Democratic former President Joe Biden's administration lacked authority to pursue ...
US appeals court blocks Biden-era student debt relief plan
A U.S. appeals court ruled on Tuesday that Democratic former President Joe Biden's administration lacked authority to pursue ...
A new court ruling leaves 8 million student-loan borrowers enrolled in Biden's repayment plan blocked from cheaper payments
A federal court sided with GOP states and upheld the block on the SAVE student-loan repayment plan.
Circuit court puts final nail in the coffin for Biden's $500B student loan forgiveness plan
A federal appeals court in Missouri has issued a final ruling against President Biden's SAVE student loan forgiveness effort.
How to qualify for debt relief in 2025
Understanding what debt relief options you qualify for is a big part of getting rid of your debt in 2025. . We may be just a ...
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What Happens to My Student Loans if the Department of Education Is Eliminated?
Borrowers should prepare for a rocky road ahead if the agency closes. But experts say it won't happen overnight.
What will dismantling the Education Department mean for your student loans?
The Trump administration is gearing up for large changes to the Department of Education, which oversees a $1.6 trillion ...
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Bill proposes $24K in student debt relief for ex-Alaskans who return to teach or work for the state
Rep. Andi Story said it’s an effort to address the state’s struggle to hire key employees and stem the tide of outmigration.