The Education Department made a small but very major change to a federal student loan forgiveness program last week that ...

Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact borrowers in income-driven repayment plans who have their debts canceled as a ...

In an ominous sign for student loan borrowers, the Education Department published new data indicating that backlogs for ...

Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to ...

Many borrowers have already met the requirements for loan forgiveness under income‑driven repayment (IDR) plans.

Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ...

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Forgiveness for some but maybe not for others is what President Donald Trump’s student loan forgiveness plan is amounting to, which is sowing uncertainty for borrowers, experts said. In a big win for ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Kent Nishimura / Los Angeles Times ...

Question: I successfully filed for personal bankruptcy protection in 2025 under Chapter 7 to get out from under an overwhelming amount of credit card debt and back taxes created during the COVID years ...

Wondering if you qualify for IRS tax forgiveness? Learn OIC, penalty relief and hardship rules, plus what the IRS looks for.