Student loan forgiveness could hike tax bill for borrowers, study finds
- A new study says tax bills could triple for people who receive student loan forgiveness through income-driven repayment (IDR) plans.
- Previously, forgiven student loans were exempt from federal income tax, but that provision expired at the end of 2025.
- An average married couple with two dependents earning around $60,000 could see their tax bill go up by...
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- A new study says tax bills could triple for people who receive student loan forgiveness through income-driven repayment (IDR) plans.
- Previously, forgiven student loans were exempt from federal income tax, but that provision expired at the end of 2025.
- An average married couple with two dependents earning around $60,000 could see their tax bill go up by...
Sources: The Hill