Forgiveness is coming early for some federal student loan borrowers. If you're on the Saving on a Valuable Education repayment plan, initially borrowed $12,000 or less and have been making payments ...

Michigan residents will not have to pay state or federal taxes on federal loan forgiveness. Michigan Gov. Gretchen Whitmer announced that student loan relief would not be treated as taxable income in ...

You won't owe the IRS money on your forgiven balance, but a handful of states tax canceled debt as income. Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and ...

A day after President Joe Biden's student debt relief plan was widely panned by Republicans, the White House Twitter account fired back, tweeting about GOP lawmakers who had Paycheck Protection Plan ...