Forbes contributors publish independent expert analyses and insights. Robert Farrington writes about higher education and student loans. Starting January 1, 2026, certain types of student loan ...

At-a-Glance ✅ Payments still due and loan servicers remain open, collection activity will still happen.✅ IDR applications will still be processed.✅ Pell Grants and Direct Loans will continue to be ...

WASHINGTON, DC - NOVEMBER 5: Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference as the government shutdown continues in Washington, DC on November 5, 2025. Schumer ultimately ...

A law that shielded student loan forgiveness from taxation at the federal level expires at the end of 2025. Meanwhile, the federal government has resumed garnishing the tax refunds of borrowers in ...

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax ...

The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, most people will avoid the tax bomb due to a tax process called insolvency.

Federal tax bills on most student loan forgiveness will return in 2026, ending a five-year window of tax-free relief and raising the risk of a student loan tax bomb for borrowers whose balances are ...