6 Student Loan Forgiveness Takeaways

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.
How long is the grace period for PLUS student loans? Do they qualify?
The grace period is the time between the moment a college student graduates and the day they have to start paying off their student loans. This period is typically six months, but
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).
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.
Federal judge blocks Musk's DOGE from access to student loan borrowers' personal data
Elon Musk's government-slashing effort, DOGE, is temporarily barred from accessing personal data on 42 million student loan ...
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Trump Can't Shut Down the Department of Education, but Student Loan Borrowers Should Beware
The Department of Education was created by Congress in 1979 to track, manage and coordinate education programs and procedures ...
Student Loan Borrowers, You May Need To Change Repayment Plans In 2025 — And It Could Be Costly
A huge number of student loan borrowers may need to change their repayment plan this year. And many may experience higher ...
Biden's SAVE repayment plan for student loan borrowers is dead. Here's what to know
Now that the Biden administration's SAVE plan is blocked, millions of student loan borrowers will need to find a new way to ...
Personal student loans: Benefits, eligibility, interest rates and more
In today’s cut throat competitive environment personal student loans are becoming increasingly popular among Indian students ...
Roughly a tenth of employees in the office overseeing federal student loans take buyouts
More than 100 employees at the Federal Student Aid office accepted the Trump administration's buyout offers, according to an ...
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.
The Fate Of This Student Loan Repayment Plan Could Rest With Trump—And He’s Unlikely to Save It
A U.S. appeals court blocked the Saving for a Valuable Education (SAVE) plan on Tuesday as the lawsuit heads toward what ...
Is there any way to get a student loan without a cosigner? These are your options
Private student loan lenders often recommend having a co-signer, especially if the borrower has little to no credit history ...