KEY TAKEAWAYS If you live in Arkansas, Indiana, Mississippi, North Carolina, or Wisconsin, you may have to pay state income ...

Now that the Biden administration’s SAVE plan is blocked, millions of student loan borrowers will need to find a new way to ...

A major legal setback for student loan forgiveness has just emerged. On Tuesday, the 8th Circuit Court of Appeals issued an injunction that blocks the Biden administration’s Saving on a Valuable ...

Despite record levels of student loan forgiveness, student debt totals are higher today than when President Biden took office.

A federal appeals court ruled that the Biden administration did not have the authority to pursue a student loan forgiveness plan. The Biden administration touted its Saving on a Valuable Education ...

Did you know that under normal circumstances, you pay income taxes on canceled or forgiven student loan debt? Even though you ...

The U.S. 8th Circuit Court of Appeals put a final end to former President Joe Biden's student loan forgiveness plan on Tuesday. Missouri Attorney General Andrew Bailey originally sued the Biden ...

one of former President Joe Biden’s signature policy initiatives to reduce student loan payments. SAVE is an income-driven repayment, or IDR, plan – one of several such options that tie a ...

The Biden administration described the Saving on a Valuable Education (SAVE) plan as the "most affordable student loan repayment plan ever." It was designed to provide more lenient terms than ...

That compares with around $1.59 trillion at the start of 2021. "Total student loan debt went up while President Biden was in office, despite all of the student loan forgiveness," Kantrowitz said.

the Biden administration sought to continue providing student debt relief through other means, announcing by the time he left office $183.6 billion in student loan forgiveness for more ...

In 2024, then-President Joe Biden forgave billions of dollars in student loans for borrowers across the country. Generally, forgiveness of any debt is considered taxable income. However, in 2021 ...