The process depends on which program you choose ...

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

The Education Department indicated this week that student loan forgiveness approvals may surge during the second half of ...

WASHINGTON -- Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden's federal student loan forgiveness program ...

Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to prepare, and some may not have to pay.

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 ...

Certain types of student loan forgiveness is taxable again after a law expired in 2025 that shielded borrowers. The taxation change applies to the U.S. Department of Education's income-driven ...

Add Yahoo as a preferred source to see more of our stories on Google. Student loan debt has continued to rise in the country over the past few decades. William Potter/iStock/Getty Images Plus It is ...

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. ZeynepKaya / Getty Images An ...

On Oct. 17, the Department of Education officially launched the student debt forgiveness program application process following the successful launch of its beta site over the weekend. The Biden ...