The Department of Education will delay garnishing wages and intercepting federal income tax refunds.
As of 2026, some loan borrowers may face a sizable tax bill ...
Millions of people are at risk of the government’s seizing their refunds to pay what is owed on student loans.
This year, certain types of student loan forgiveness are taxable again, which impacts the U.S. Department of Education's income-driven repayment plans.
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Which states tax student loan forgiveness?

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan ...
Wage garnishments and seizing tax refunds for people in default on their federal student loans will be suspended, the ...
Certain types of student loan forgiveness is taxable again after a law expired in 2025 that shielded borrowers. The taxation change applies to the U.S. Department of Education's income-driven ...
WASHINGTON, DC November 20: US Secretary of Education Linda McMahon during the daily briefing in the Brady Briefing Room of the White House on Thursday November 20, 2025. The Education Department is ...
Many students borrow money or accept grants and scholarships to help pay for higher education. Fortunately, student loans aren't taxable, so you don't report student loans as income on your tax ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...