Some Student Loan Borrowers Paying Up to $12,000 More on Federal Tax Bills

Student Loan Debt

Some Student Loan Borrowers Paying Up to $12,000 More on Federal Tax Bills

Borrowers receiving forgiveness through IDR could incur roughly $6,000 to nearly $12,000 in additional federal taxes.

By Suzanne Blake | 6 min read

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Image for article: Student Loan Updates: 4 Democratic Proposals After GOP’s Midterm Wipeout

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Image for article: Major Student Loan Deadline Passes: What to Do if You Missed It

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Image for article: Student Loan Delinquency Is Hitting Older Borrowers Hardest

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Image for article: Trump Signals He May Support Student Loan Relief as 2026 Midterms Draw Near

Student Loan Debt

Trump Signals He May Support Student Loan Relief as 2026 Midterms Draw Near

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