forgiveness

Some student-loan borrowers are getting an early Valentine’s Day gift from the Department of Education.Earlier this week, another batch of borrowers who have completed at least 20 years of payments on an income-driven repayment plan received emails from the department with the subject line: “You’re eligible to have your student…

Student-loan forgiveness isn’t certain — but taxes are.On January 1, a provision in former President Joe Biden’s 2021 American Rescue Plan that made student-loan forgiveness tax-free expired. It means that student-loan borrowers who qualify for student-loan forgiveness in 2026 could face thousands of dollars in new taxes alongside their debt…