Federal student loan payments are set to resume on October 1, after an unprecedented 19-month suspension that was put in place to provide financial relief to borrowers during the pandemic. Borrower ...

Debt forgiveness could put a serious dent in a $15,000 balance, but the true savings depend on several key factors.

Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be able to avoid paying taxes on it.

This article adheres to strict editorial standards. Some or all links may be monetized. The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could ...

President Joe Biden is taking a "hard look" at canceling some federal student loan debt, but even a broad forgiveness plan may leave out some of the 43 million borrowers. Biden has indicated that if ...

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. The first case, Biden v. Nebraska, was filed jointly by six Republican-led states: Arkansas, Iowa, Kansas, ...

The financial liability is due to a change in tax law scheduled to take effect in early 2026. Borrowers who believe they are receiving federal student-loan forgiveness could face tax liabilities of up ...

Question: I successfully filed for personal bankruptcy protection in 2025 under Chapter 7 to get out from under an overwhelming amount of credit card debt and back taxes created during the COVID years ...

High-interest debt is a challenge for millions of Americans. But for veterans, it often develops under circumstances civilians rarely face like frequent relocations, income disruptions during ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Students who used federal ...