A ‘tax bomb’ could be ticking for people who received student loan forgiveness. Consumer Investigator Rachel DePompa explains what you need to know.

Millions of federal student loan borrowers are behind on their student loans and facing a “default cliff.” If you have been paying back your loans, there’s one additional benefit beyond keeping your ...

The student loan interest deduction allows eligible borrowers to deduct up to $2,500 in interest paid on qualified federal or private student loans, even if they take the standard deduction.

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...

Obtaining student loan forgiveness can feel like pure relief — but there may be some fine print to that forgiveness. As of Jan. 1, 2026, following the expiration of a Biden-era provision that made ...

WASHINGTON, DC November 20: US Secretary of Education Linda McMahon during the daily briefing in the Brady Briefing Room of the White House on Thursday November 20, 2025. The Education Department is ...

From filing thresholds and scholarships to education credits and student loan deductions, here’s how tax year 2025 looks for college students.

Add Yahoo as a preferred source to see more of our stories on Google. SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in ...

SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax policy this year. This comes after a provision of the ...